The graph of supply of a currency shows:
A)a line that is essentially horizontal indicating that supply of a currency is not closely related to value of the currency.
B)a line that is essentially vertical indicating that the supply of a currency is controlled by the government issuing the currency.
C)a line that slopes downward from left to right indicating that the supply of a currency decreases as the value of the currency increases.
D)a line that slopes upward from left to right indicating that the higher the value of the currency,the greater the supply of that currency.

Question

Quizplus · Accepted Answer

The supply of a currency is controlled by the government issuing the currency. As the value of the currency increases, the government will typically increase the supply of currency in order to keep the value of the currency stable.

The Graph of Supply of a Currency Shows