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Suppose 1 Dollar Is Initially Equal in Value to 1

Question 115

Multiple Choice

Suppose 1 dollar is initially equal in value to 1 euro.And suppose demand for euros increases.What will each dollar then be worth in terms of euros?  


A)  more than 1 euro 
B)  less than 1 euro 
C)  equal to 1 euro 
D)  equal to 1.2 euro

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