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The Claim That the Quantity of Euros Demanded by U

Question 26

Multiple Choice

The claim that the quantity of euros demanded by U.S.consumers will fall when the price of euros in terms of U.S.dollars rises is best referred to as the


A) law of increasing marginal costs.
B) hot-hand fallacy.
C) law of supply.
D) exchange rate-inflation fallacy.
E) law of demand.

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