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:

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Turing Test

A simple test to distinguish between a human and a computer system. Named after Alan Turing, a computing pioneer.

Independence

The condition of a nation, country, or state which exercises self-government, and sovereignty over its territory.

Mastery

A high degree of skill or expertise in a particular field or activity.