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The Accompanying Diagram Represents a Flexible Exchange Market for Foreign

Question 103

Multiple Choice

The accompanying diagram represents a flexible exchange market for foreign currency. Other things equal, a leftward shift of the demand curve would A) depreciate the dollar. B) appreciate the euro. C) reduce the equilibrium quantity of euros. D) cause a surplus of euros. The accompanying diagram represents a flexible exchange market for foreign currency. Other things equal, a leftward shift of the demand curve would


A) depreciate the dollar.
B) appreciate the euro.
C) reduce the equilibrium quantity of euros.
D) cause a surplus of euros.

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