Exhibit 21-6 Dollars per British pound
QuantityDemanded
Dollarsper Pound
QuantitySupplied
200
5
600
240
4
480
300
3
410
360
2
360
390
1
330
In Exhibit 21-6, the equilibrium exchange rate is:
A. 5.
B. 4.
C. 3.
D. 2.
Answer: D
Economics
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