Demand for the Brazilian real is
A) determined by how well the real maintains its value.
B) a function of the Brazilian banking system.
C) derived from the supply of U.S. dollars.
D) derived from the demand for Brazilian goods.
D
Economics
You might also like to view...
Suppose that P × Y is $5,000 million a year and the quantity of money is $500 million. Then the velocity of circulation is
A) 50. B) 10. C) 500. D) 20. E) 2,500,000.
Economics
A catering company is producing at a point where its marginal costs are $25 and its fixed costs are $5000 . At the current price of $10 it is producing 50 meals. If the demand goes up, such that they can now charge $20 per meal, how much should the firm now produce?
a. 60 meals b. 70 meals c. 80 meals d. None, they should shut down
Economics