You see on the news that a recession has started in Saudi Arabia.Which of the following would happen in the market for Saudi riyals?
A) A decrease in the supply of riyals and an appreciation of the riyal.
B) An increase in the supply of riyals and a depreciation of the riyal.
C) A decrease in the supply of riyals and a depreciation of the riyal.
D) An increase in the supply of riyals and an appreciation of the riyal.
E) Cannot be determined without additional information.

Question

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The Answer of You see on the news that a recession has started in Saudi Arabia.Which of the following would happen in the market for Saudi riyals?
A) A decrease in the supply of riyals and an appreciation of the riyal.
B) An increase in the supply of riyals and a depreciation of the riyal.
C) A decrease in the supply of riyals and a depreciation of the riyal.
D) An increase in the supply of riyals and an appreciation of the riyal.
E) Cannot be determined without additional information.

You See on the News That a Recession Has Started