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If at a Given Exchange Rate, the Supply of Dollars

Question 61

Multiple Choice

If at a given exchange rate, the supply of dollars is greater than the demand for dollars ________.


A) an equilibrium exists.
B) there will be upward pressure on the value of the dollar.
C) there will be downward pressure on the value of the dollar.
D) the demand for dollars must fall to reestablish an equilibrium value.

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