An increased supply of U.S. dollars on the foreign exchange market, all else equal, will result in an appreciation of the U.S. dollar

Indicate whether the statement is true or false

FALSE

Economics

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The value of a country's exports during a particular year was $610,000 and the value of its imports was $995,000. Which of the following is true?

A) The country ran a fiscal deficit of $605,000 during that year. B) The country ran a trade surplus of $385,000 during that year. C) The country ran a trade deficit of $385,000 during that year. D) The country ran a budget surplus of $1,605,000 during that year.

Economics

An increase in the price of poultry would lead to

a. a decrease in quantity demanded of fish and an increase in the demand for poultry. b. a decrease in quantity demanded of poultry and an increase in the demand for fish. c. an increase in quantity demanded of fish and a decrease in the demand for poultry. d. an increase in quantity demanded of poultry and a decrease in the demand for fish.

Economics