Suppose that when the price of oranges is $3 per pound, the quantity demanded is 4.7 tons per day and the quantity supplied is 3.9 tons. In this case:

A. excess supply will lead the price of oranges to rise.
B. excess supply will lead the price of oranges to fall.
C. excess demand will lead the price of oranges to fall.
D. excess demand will lead the price of oranges to rise.

Answer: D

Economics

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A) the degree of market volatility at the time. B) the degree of risk associated with a particular currency. C) the size of the market for the currency being traded. D) All of above.

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Which of the following is a monetary policy intended to rein in inflation?

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Economics