If interest rates in Sweden go up relative to the rest of the world, the
A) demand for Swedish currency will fall.
B) demand for Swedish currency will rise.
C) supply of Swedish currency will fall.
D) supply of Swedish currency will rise.
Answer: B
Economics
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One would speak of a change in the quantity of a good supplied, rather than a change in supply, if
A) the price of the good changes. B) the cost of producing the good changes. C) prices of substitutes in production change. D) supplier expectations about future prices change.
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President Bush lowered income taxes for individuals in 2001. Explain how lower income taxes affect the aggregate demand curve
What will be an ideal response?
Economics