Figure 19-10 -Refer to Figure 19-10.Currency Speculators Believe That the Value of That

question 225

Multiple Choice

Figure 19-10

-Refer to Figure 19-10.Currency speculators believe that the value of the euro will increase relative to the dollar.Assuming all else remains constant,how would this be represented?

• A) Supply would decrease, demand would decrease and the economy moves from B to C to D.
• B) Supply would increase, demand would decrease and the economy moves from C to B to A.
• C) Supply would decrease, demand would increase and the economy moves from A to D to C.
• D) Supply would increase, demand would increase and the economy moves from D to A to B.

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