On a Foreign Exchange Diagram of the Equilibrium Exchange Rate,there

question 85

Multiple Choice

On a foreign exchange diagram of the equilibrium exchange rate,there is equilibrium at AUD 0.94 per USD.At AUD0.97,there would be excess _____ the dollar and the dollar would _____ in the return to equilibrium.

• A) demand for, appreciate
• B) supply of, depreciate
• C) supply of, appreciate
• D) demand for, depreciate

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Definitions:

Inaccuracies

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Fair Credit Reporting Act

a federal law that regulates the collection, dissemination, and use of consumer credit information, ensuring accuracy, fairness, and privacy.