Solved

If There Is an Excess Supply of Tunisian Dinars at a Given

Question 55

Multiple Choice

If there is an excess supply of Tunisian dinars at a given exchange rate,what will lead the market into an equilibrium?


A) Finding themselves unable to buy all the dinars they want to buy,buyers will accept a lower price.
B) Finding themselves unable to buy all the dinars they want to buy,sellers will offer a lower price.
C) Finding themselves unable to sell all the dinars they want to sell,sellers accept a higher price.
D) Finding themselves unable to buy all the dinars they want to buy,buyers offer a higher price.
E) Finding themselves unable to sell all the dinars they want to sell,sellers accept a lower price.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents