In foreign exchange markets, the effect of an increase in the supply of dollars on the value of the dollar is the same as that of:
a. an increase in the supply of foreign currencies.
b. a decrease in the supply of foreign currencies.
c. a decrease in the demand for dollars
d. either (b) or (c)
d
Economics
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A competitive market where firms currently earn positive economic profit will see firms exit the industry from increased competition
a. true b. false
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The slope and location of the demand curve depend on:
A) the number of buyers. B) production costs. C) the number of producers. D) all of the above.
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