Refer to the diagrams. In which case would the coefficient of cross elasticity of demand be positive?

Refer to the figure above. If the pre-tax equilibrium price of Good X was $3 and the price that sellers receive after the imposition of a tax of $3 is $2, the incidence of the taxation on sellers is approximately ________

A) 1% B) 15% C) 33% D) 21%

Floating exchange rates are market determined, that is, supply and demand for foreign exchange sets the rate in the foreign exchange market

Indicate whether the statement is true or false