The Claim That the Quantity of Euros Demanded by U

question 89

Multiple Choice

The claim that the quantity of euros demanded by U.S.consumers will fall when the price of euros in terms of U.S.dollars rises is best referred to as:

• A) the law of increasing marginal costs.
• B) the hot-hand fallacy.
• C) the law of supply.
• D) the exchange rate-inflation fallacy.
• E) the law of demand.

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