Solved

A Decrease in the Supply of Dollars and a Decrease

Question 267

Multiple Choice

A decrease in the supply of dollars and a decrease in the demand for Indian rupees


A) increases the dollar price of rupee.
B) decreases the dollar price of rupee.
C) decreases the rupee price of dollars.
D) does not change the exchange rate between dollars and rupees.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions