In foreign exchange markets, the demand for dollars is determined:
a. solely by the level of U.S. merchandise exports
b. solely by the level of U.S. merchandise imports.
c. by the level of U.S. imports and the demand for foreign assets by U.S. citizens and the U.S. government.
d. by the level of U.S. exports and the demand for U.S. assets by foreigners.
d
Economics
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When the exchange rate between the U.S. dollar and the euro changes from 1.07 euros per dollar to 0.93 euros per dollar, then the
A) U.S. dollar has depreciated against the dollar. B) U.S. dollar has depreciated against the euro. C) euro has depreciated against the dollar. D) U.S. dollar has appreciated against the euro. E) euro has depreciated against the euro.
Economics
What factors affect the demand for money?
What will be an ideal response?
Economics