In the Foreign Exchange Market,the Quantity Supplied of Dollars Is

question 36

Multiple Choice

In the foreign exchange market,the quantity supplied of dollars is 300 whereas the quantity demanded of dollars is 500 results in a:

• A)balance of payments surplus of 200.
• B)balance of payments deficit of 200.
• C)balance of payments surplus of -200.
• D)balance of payments deficit of -200.

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Definitions:

Democratic Leader

A person in charge who confers final authority on the group.

Product Development

The creation of new products or enhancement of existing ones, from idea through design, testing, and finally to market introduction.

Consultative Leader

A leadership style characterized by seeking input and feedback from team members before making decisions.

Management Fad

A trend or craze in the field of management where a new strategy or concept gains popularity quickly but may not have lasting significance.