For foreigners, the intersection of the demand for US dollars and the supply of US dollar is known as the
a. Inflation rate
b. Exchange rate
c. Price
d. Quantity
b
Economics
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What happens to the maximum amount of "all other goods" that this person can buy if instead he receives the $100 in food coupons? What's the maximum amount of food he can buy under this plan?
What will be an ideal response?
Economics
Within the Keynesian aggregate expenditures model, if the economy is below equilibrium, then there will be:
A. an increase the demand for goods and services. B. an increase in real GDP. C. lower interest rates, which will stimulate aggregate demand and keep the economy at full employment. D. a lower price level, which will quickly guide the economy to full-employment equilibrium.
Economics