Which of the Following Will Shift the Demand for the Euro

question 16

Multiple Choice

Which of the following will shift the demand for the euro to the right?

• A)an increase in interest rates in the European Union
• B)an increase in incomes in countries that buy goods from the European Union
• C)expectations among speculators that the price of the euro will rise in the future
• D)All of the above will shift the demand for the euro to the right.

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Definitions:

Merchandise Valued

The total worth of goods held by a company for the purpose of resale.

British Pound

The currency of the United Kingdom, represented by the symbol £ and widely used in Britain and its territories.

U.S. Currency

Money issued by the United States, including banknotes and coins.

Compute

To calculate or determine something by mathematical or logical methods.