In international exchange markets, a rise in interest rates in the United States will cause the demand for dollars to ________ and the supply of dollars to ________

A) increase; increase B) decrease; increase C) decrease; decrease D) increase; decrease

D

Economics

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Distinguish the concepts of comparative advantage and absolute advantage

What will be an ideal response?

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Nominal GDP is calculated by using

a. prices set in a base year. b. average prices in all major cities. c. current prices d. prices charged by initial producers.

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