Exchange rate changes are
A) very volatile because supply and demand changes reinforce each other.
B) not very volatile because of government intervention.
C) very volatile because of government intervention in the market.
D) not very volatile because of offsetting changes in demand and supply.
E) infrequent because the exchange rate rarely changes.
Correct Answer:
Verified
Q57: Q58: In the foreign exchange market, an increase Q59: Other things remaining the same, as Australian Q60: As the exchange rate _, the quantity Q61: The equilibrium exchange rate is 70 yen Q63: The exchange rate is volatile because Q64: Suppose the Reserve Bank wants to keep Q65: An increase in the Australian interest rate
A) the
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