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-The Figure Above Shows the Demand and Supply of Dollars

Question 452

Multiple Choice

-The figure above shows the demand and supply of dollars in the foreign exchange market. At a price of 1.20 Brazilian reals per dollar, A) there will be a shortage of dollars. B) there will be a surplus of dollars. C) $120 billion dollars will be supplied. D) $40 billion dollars will be demanded.
-The figure above shows the demand and supply of dollars in the foreign exchange market. At a price of 1.20 Brazilian reals per dollar,


A) there will be a shortage of dollars.
B) there will be a surplus of dollars.
C) $120 billion dollars will be supplied.
D) $40 billion dollars will be demanded.

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