The price of a currency will decrease when quantity demanded is less than quantity supplied.

Name: The price of a currency will decrease when quantity demanded is less than quantity supplied.
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Question

Quizplus · Accepted Answer

According to the law of supply and demand, when quantity demanded (by buyers) is less than quantity supplied (by sellers), there is a surplus of the product in the market. This leads to a decrease in the price of the product, including currencies. Therefore, the statement is true.

The Price of a Currency Will Decrease When Quantity Demanded