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-The Figure Above Shows the Demand and Supply of Dollars

Question 392

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

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