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NYC NYC
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8 years ago
Under a system of floating exchange rates, an excess supply for a particular currency will lead to a(n):
A) long-term shortage of that currency.
B) depreciation of that currency.
C) appreciation of that currency.
D) long-term surplus of that currency.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
I was thinking the same, thank you
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