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Home Q & A Board Other Fields Homework Help Business Economics
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dwilliams11 dwilliams11
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3 years ago
Under a system of floating exchange rates, if the quantity of pounds demanded exceeds the quantity of pounds supplied

▸ reserves will increase.

▸ the sterling exchange rate will depreciate.

▸ the sterling exchange rate will appreciate.

▸ the government will always increase the supply of money to eliminate this excess demand.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
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emr21emr21
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3 years ago
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dwilliams11 Author
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3 years ago
This calls for a celebration Person Raising Both Hands in Celebration
Katey_maree
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Correct Slight Smile TY
kevin12323h
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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