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If the Exchange Rate Is Above Equilibrium, There Will Be

question 45

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If the exchange rate is above equilibrium, there will be ________ in the foreign exchange market.


Definitions:

Upright Stance

The ability to stand or walk on two legs with the spine perpendicular to the ground, characteristic of humans and some other species.

Jawless Fish

Fish with a skeleton of cartilage, no fins or jaws; a lamprey or hagfish.

Wiggling

Moving with short, quick movements from side to side or up and down, often seen in small creatures or as a way to adjust position.

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