The Supply of Foreign Exchange Is

question 31

Multiple Choice

The supply of foreign exchange is

• A)determined by the real exchange rate.
• B)independent of the real exchange rate.
• C)determined by central bankers.
• D)determined by the government of the country concerned.

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Definitions:

Spending Habits

Patterns or tendencies in how an individual or group uses their financial resources.

Earning

The income obtained from work (wages), investments, business, or other sources, typically measured over a certain period of time.

Conclusion

Conclusion is the final part of something, or in logic, the statement that logically follows from the premises in an argument.

Introduces

To present or bring to notice something for the first time, or to make something known that was previously unknown.