Under a Flexible Exchange Rate System,if the Quantity Supplied of Dollars

question 1

Multiple Choice

Under a flexible exchange rate system,if the quantity supplied of dollars is greater than the quantity demanded of dollars,there is a:

• A)balance of payments deficit and the dollar would depreciate.
• B)balance of payments surplus and the dollar would depreciate.
• C)balance of payments deficit and the dollar would appreciate.
• D)balance of payments surplus and the dollar would appreciate.

---

Definitions:

Identity Theft

Identity theft is the fraudulent acquisition and use of someone's private identifying information, typically for financial gain.

FTC

Stands for the Federal Trade Commission, a U.S. federal agency tasked with protecting consumers and maintaining competition.

Cosign

To sign a legal document alongside another person, taking joint responsibility for the obligation the document entails, such as a loan.

Equal Credit Opportunity Act

A U.S. federal law designed to ensure that all consumers have an equal chance to obtain credit, prohibiting discrimination.