Figure 15-1 -Refer to Figure 15-1. Which of the Following Is True

question 10

Multiple Choice

Figure 15-1
-Refer to Figure 15-1. Which of the following is true of the equilibrium quantity, Q₁?

• A) It represents the quantity of U.S. dollars demanded by foreigners who purchase U.S. goods and services and U.S. assets.
• B) It represents the quantity of U.S. dollars supplied by the Federal Reserve.
• C) It represents the quantity of U.S. dollars supplied and demanded by foreign nationals.
• D) It represents the total amount foreigners spent in the United States during a given period.