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bedau bedau
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6 years ago
Consider a foreign exchange market diagram with dollars on the horizontal axis, the yen price of the dollar on the vertical axis, an upward-sloping supply curve and downward-sloping demand curve. At an exchange rate below the equilibrium rate there is an excess ________ dollars causing market pressure for ________ of the dollar.
A) demand for, appreciation
B) demand for, depreciation
C) supply of, appreciation
D) supply of, depreciation
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Macroeconomics

Macroeconomics


Edition: 12th
Author:
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thecromthecrom
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bedau Author
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#2
5 years ago
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