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    Exam 17: Exchange Rates and Macroeconomic Policy
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    If Americans Buy 100 Million British Pounds at an Equilibrium
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If Americans Buy 100 Million British Pounds at an Equilibrium

Question 121

Question 121

Multiple Choice

If Americans buy 100 million British pounds at an equilibrium exchange rate of $2 per pound,how many dollars are they supplying?


A) $2 million
B) $50 million
C) $2
D) $200 million
E) $100 million

Correct Answer:

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