The Currency Used in the Duchy of Saxony Is the Ducet.The

The currency used in the Duchy of Saxony is the ducet.The demand for the Saxonian ducet in the foreign exchange market equals 14,000 - 3,000e and the supply of ducets in the foreign exchange market equals 2,000 + 2,000e,where e is the nominal exchange rate expressed in dollars per ducet.If the ducet is fixed at $3 per ducet,then to maintain this fixed rate the Duchy of Saxony's international reserves must ____________ ducets per period.

A) decrease by 1,000
B) decrease by 3,000
C) decrease by 9,000
D) increase by 1,000
E) increase by 3,000