Which of the following is consistent with moving from a surplus to equilibrium in the market for foreign currency exchange?
a. the exchange rate falls causing U.S. residents to import more
b. the exchange rate falls causing U.S. residents to import less
c. the exchange rate rises causing U.S. residents to import more
d. the exchange rate rises causing U.S. residents to import less
b
Economics
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If an individual moves money from a demand deposit account to a money market deposit account
A) M1 decreases and M2 stays the same. B) M1 stays the same and M2 increases. C) M1 stays the same and M2 stays the same. D) M1 increases and M2 decreases.
Economics
Economic growth causes a production possibilities frontier to shift outward
a. True b. False Indicate whether the statement is true or false
Economics