If the Demand for Dollars in the Market for Foreign-Currency

question 34

Multiple Choice

If the demand for dollars in the market for foreign-currency exchange shifts right,then the exchange rate

• A)rises and the quantity of dollars exchanged rises.
• B)rises and the quantity of dollars exchanged does not change.
• C)falls and the quantity of dollars exchanged falls.
• D)falls and the quantity of dollars exchanged does not change.

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Definitions:

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The application of scientific knowledge for practical purposes, especially in industry and in our daily lives, leading to innovations and advancements in various fields.

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An early form of long-distance communication technology that transmitted messages in the form of electrical signals.