Multiple Choice
If there is an excess supply of Tunisian dinars at a given exchange rate,what will lead the market into an equilibrium?
A) Finding themselves unable to buy all the dinars they want to buy,buyers will accept a lower price.
B) Finding themselves unable to buy all the dinars they want to buy,sellers will offer a lower price.
C) Finding themselves unable to sell all the dinars they want to sell,sellers accept a higher price.
D) Finding themselves unable to buy all the dinars they want to buy,buyers offer a higher price.
E) Finding themselves unable to sell all the dinars they want to sell,sellers accept a lower price.
Correct Answer:
Verified
Correct Answer:
Verified
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