Multiple Choice
Which of the following is included in the supply of dollars in the market for foreign-currency exchange in the open-economy macroeconomic model?
A) A retail outlet in Russia wants to buy semi-conductors from a U.S.manufacturer.
B) A U.S.bank loans dollars to Blair, a U.S.resident, who wants to purchase a new house in the United States.
C) A U.S.based mutual fund wants to purchase bonds issued by an Italian corporation.
D) All of the above are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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