Multiple Choice
People come to expect the exchange rate for the dollar to rise from 90 yen per dollar to 111 yen per dollar in a month. As a result,
A) the supply curve of dollars shifts leftward.
B) the supply curve of dollars shifts rightward.
C) there is a downward movement along the supply curve of dollars.
D) the demand curve for dollars shifts leftward.
Correct Answer:
Verified
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