The Figure Below Shows the Demand (D) and Supply (S)

question 120

Multiple Choice

The figure below shows the demand (D) and supply (S) curves of cocoa in the U.S.Figure 21.4

-A reserve currency is a currency that is:

• A)used exclusively to settle domestic debts.
• B)specifically designed for use by commercial banks to settle accounts.
• C)held only by bureaucrats.
• D)used to settle international debts by private corporations.
• E)held by governments to facilitate foreign exchange market interventions.

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