Examlex
Which of the following is NOT true?
Supply Of Dollars
The total amount of US dollars available in the global market, including cash and bank deposits.
Real Exchange Rate
The rate at which two currencies can be exchanged to purchase the same basket of goods and services, taking into account inflation rates of the involved countries.
Equilibrium Level
The state at which market supply and demand balance each other, and as a result, prices become stable.
Foreign-Currency Exchange
The marketplace where currencies are traded and their exchange rates are determined.
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