Author Question: The law of demand in the foreign exchange market refers to the relationship between the A) ... (Read 149 times)

awywial

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The law of demand in the foreign exchange market refers to the relationship between the
 
  A) exchange rate and the quantity of U.S. dollars demanded.
  B) interest rate and the exchange rate.
  C) interest rate and the quantity of U.S. dollars demanded.
  D) U.S. price level and the exchange rate.

Question 2

U.S. currency ________.
 
  A) is less efficient than barter
  B) includes tobacco
  C) is the sum of M1 and M2
  D) is composed of the bills and coins held by individual and businesses



kthug

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Answer to Question 1

A

Answer to Question 2

D



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