If the Interest Rate Rises in Australia Relative to Other

question 80

Multiple Choice

If the interest rate rises in Australia relative to other nations,then in the foreign exchange market the demand for dollars ________ and the supply of dollars ________.

• A)increases;increases
• B)increases;decreases
• C)decreases;decreases
• D)decreases;increases
• E)does not change;does not change

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Definitions:

Cl

Symbol for Chlorine, a reactive, yellow-green gas at room temperature, belonging to the halogen group in the periodic table, with applications in water purification, disinfectants, and bleach.

Elemental Metals

A group of elements that share properties such as high electrical conductivity, malleability, and a shiny appearance.

Redox Reaction

A type of chemical reaction that involves a transfer of electrons between two species.

Oxidation Number

A figure indicating the number of electrons lost or gained by an atom in a compound or ion.