Assuming everything else constant,an increase in the demand for Russian rubles will

Question

Quizplus · Accepted Answer

An increase in demand for Russian rubles means there are more people who want to buy rubles, which will increase the exchange rate for rubles. This is because people will compete with each other to buy rubles, driving up the price of rubles in terms of other currencies. The other options are not necessarily true since the question does not provide any information about changes in supply or production.

Assuming Everything Else Constant,an Increase in the Demand for Russian