Author Question: Suppose that the U.S. exchange rate is expected to fall in the future. As a result, in the foreign ... (Read 98 times)

kwoodring

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Suppose that the U.S. exchange rate is expected to fall in the future. As a result, in the foreign exchange market, there will be
 
  A) an increase in the demand for dollars, a decrease in the supply of dollars, and a rise in the equilibrium exchange rate.
  B) an increase in the demand for dollars, a decrease in the supply of dollars, and a fall in the equilibrium exchange rate.
  C) a decrease in the demand for dollars, an increase in the supply of dollars, and a rise in the equilibrium exchange rate.
  D) a decrease in the demand for dollars, an increase in the supply of dollars, and a fall in the equilibrium exchange rate.

Question 2

The current chairman of the Federal Reserve System is
 
  A) Ben Bernanke.
  B) Alan Greenspan.
  C) President Obama.
  D) Janet Yellen.



kiamars2010

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Answer to Question 1

D

Answer to Question 2

D



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