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-If the Exchange Rate Is Above Equilibrium, There Will Be

question 320

Multiple Choice

  -If the exchange rate is above equilibrium, there will be _________in the foreign exchange market. A)  a shortage B)  a surplus C)  an increase in demand D)  a decrease in demand
-If the exchange rate is above equilibrium, there will be _________in the foreign exchange market.


Definitions:

Geometric Figure

A set of points in space forming a shape that is defined by certain rules and properties, such as circles, triangles, and polygons.

Quadrilateral

A geometric shape that has four sides and four angles.

Parallelogram

A four-sided figure with opposite sides parallel and equal in length.

Rhombus

A four-sided shape where all sides have equal length, but unlike a square, the angles are not necessarily 90 degrees.

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