If the equilibrium exchange rate is 80 yen per Australian dollar and currently the exchange rate is 70 yen per Australian dollar,then there is a ________ of dollars that leads to ________.
A) shortage;the demand curve for dollars shifting rightward
B) shortage;the supply curve of dollars shifting rightward
C) surplus;the supply curve of dollars shifting leftward
D) shortage;a rise in the exchange rate
E) surplus;a rise in the exchange rate
Correct Answer:
Verified
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