In the Market for Euros,if the Current Exchange Rate Is

Multiple Choice

In the market for euros,if the current exchange rate is below the equilibrium rate,

A) the quantity supplied and the quantity demanded for euros are equal.
B) there is an excess supply of euros and the exchange rate will fall.
C) there is an excess demand for euros and the exchange rate will rise.
D) the exchange rate will neither rise nor fall.
E) there is an excess demand for euros and the exchange rate will fall.