Multiple Choice
Which of the following is included in the supply of U.S. dollars in the market for foreign-currency exchange in the open-economy macroeconomic model?
A) A retail outlet in Canada wants to buy handbags from a U.S. manufacturer.
B) A U.S. bank loans dollars to Karen, a U.S. resident, who wants to purchase a car in the U.S.
C) A U.S. based law firm wants to build a new office in Japan.
D) All of the above are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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