Multiple Choice
If imports = 500 billion euros, exports = 700 billion euros, purchases of domestic assets by foreign residents = 600 billion euros, and purchases of foreign assets by domestic residents = 800 billion euros, what is the quantity of euros demanded in the market for foreign-currency exchange?
A) 1,100 billion euros
B) 600 billion euros
C) 500 billion euros
D) 200 billion euros
Correct Answer:
Verified
Correct Answer:
Verified
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