-The above figure shows the demand curve for dollars in the yen/dollar exchange market. A movement from point A to point B means that the
A) quantity supplied of dollars has increased.
B) quantity demanded of dollars has increased.
C) quantity demanded of dollars has decreased.
D) quantity demanded of yen has decreased.

Question

-The above figure shows the demand curve for dollars in the yen/dollar exchange market. A movement from point A to point B means that the
A) quantity supplied of dollars has increased. 
B) quantity demanded of dollars has increased. 
C) quantity demanded of dollars has decreased. 
D) quantity demanded of yen has decreased.

Quizplus · Accepted Answer

The demand curve for dollars in the yen/dollar exchange market shows the relationship between the quantity of dollars demanded and the exchange rate. A movement from point A to point B on the demand curve indicates a decrease in the quantity demanded of dollars.

-The Above Figure Shows the Demand Curve for Dollars in the Yen/dollar