Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions .
Exhibit: Exchange Rates
-(Exhibit: Exchange Rates) The equilibrium quantity, Q₁ represents

A) the quantity of U.S. dollars supplied by the Federal Reserve in foreign markets.
B) the quantity of U.S. dollars supplied and demanded by foreign nationals.
C) The quantity of U.S. dollars supplied by U.S. importers and U.S. nationals who purchased foreign assets.
D) It represents the total amount foreigners spent in the United States during a given period.