If at a Given Exchange Rate, the Supply of Dollars

question 50

Multiple Choice

If at a given exchange rate, the supply of dollars is greater than the demand for dollars ________.

• A) an equilibrium exists.
• B) there will be upward pressure on the value of the dollar.
• C) there will be downward pressure on the value of the dollar.
• D) the demand for dollars must fall to reestablish an equilibrium value.

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