Which of the Following Is Considered Part of the Supply

question 22

Multiple Choice

Which of the following is considered part of the supply of U.S.dollars in the market for foreign-currency exchange in the open-economy macroeconomic model?

• A)both a U.S.bank wanting to lend money to a Canadian company and a U.S.firm wanting to buy computers made in South Korea
• B)a U.S.bank wanting to lend money to a Canadian company,but not a U.S.firm wanting to buy computers made in South Korea
• C)a U.S.firm wanting to buy computers made in South Korea,but not a U.S.bank wanting to lend money to a Canadian company
• D)neither a U.S.bank wanting to lend money to a Canadian company nor a U.S.firm wanting to buy computers made in South Korea

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Definitions:

Accounts Payable

Obligations or amounts owed by a company to suppliers for goods or services received, typically due within a short time period.

Store Equipment

The fixtures, furniture, and machinery used in a retail operation to display and manage merchandise.

Normal Balance

A rephrased definition: The standard or expected balance side (debit or credit) of an account according to standard accounting principles.

Merchandise Inventory

Goods or products that a retailer, wholesaler, or distributor holds for the purpose of resale to customers.