If the U.S. interest rate differential decreases, then in the foreign exchange market the
A) demand for dollars increases.
B) quantity supplied of dollars decreases.
C) supply of dollars increases.
D) quantity supplied of dollars increases.
E) supply of dollars decreases.
C
Economics
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Once wartime spending is under way and production is diverted away from household consumption items and private investment goods,
(a) real Gross National Product will likely fall. (b) the money supply will automatically increase. (c) inflation will likely rear its ugly head if productivity does not advance. (d) production and employment will fall.
Economics
Which of the following is most likely to be an inferior good?
a. airline travel b. restaurant meals c. a subscription to the Wall Street Journal d. soft drinks e. used clothing
Economics