Multiple Choice
You see on the news that a recession has started in Saudi Arabia.Which of the following would happen in the market for Saudi riyals?
A) A decrease in the supply of riyals and an appreciation of the riyal.
B) An increase in the supply of riyals and a depreciation of the riyal.
C) A decrease in the supply of riyals and a depreciation of the riyal.
D) An increase in the supply of riyals and an appreciation of the riyal.
E) Cannot be determined without additional information.
Correct Answer:
Verified
Correct Answer:
Verified
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