People expect that the exchange rate for the dollar will rise from 90 yen per dollar to 111 yen per dollar in a month. As a result
A) the supply curve of dollars shifts leftward.
B) the supply curve of dollars shifts rightward.
C) the demand curve for dollars shifts leftward.
D) there is a downward movement along the supply curve of dollars.

Question

Quizplus · Accepted Answer

The Answer of People expect that the exchange rate for the dollar will rise from 90 yen per dollar to 111 yen per dollar in a month. As a result
A) the supply curve of dollars shifts leftward.
B) the supply curve of dollars shifts rightward.
C) the demand curve for dollars shifts leftward.
D) there is a downward movement along the supply curve of dollars.

People Expect That the Exchange Rate for the Dollar Will