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    Exam 9: The Exchange Rate and the Balance of Payments
  5. Question
    -The Figure Above Shows the Demand and Supply of Dollars
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-The Figure Above Shows the Demand and Supply of Dollars

Question 225

Question 225

Multiple Choice

  -The figure above shows the demand and supply of dollars in the foreign exchange market. At a price of 2.40 Brazilian reals per dollar A)  there will be a shortage of dollars. B)  $40 billion dollars will be demanded. C)  $40 billion dollars will be supplied. D)  there will be a surplus of dollars.
-The figure above shows the demand and supply of dollars in the foreign exchange market. At a price of 2.40 Brazilian reals per dollar


A) there will be a shortage of dollars.
B) $40 billion dollars will be demanded.
C) $40 billion dollars will be supplied.
D) there will be a surplus of dollars.

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