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Author Question: The U.S. dollar will depreciate if the Canadian inflation rate falls from 5 percent to 3 percent. ... (Read 95 times)

sc00by25

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The U.S. dollar will depreciate if the Canadian inflation rate falls from 5 percent to 3 percent.
 
  Indicate whether the statement is true or false

Question 2

If the equilibrium exchange rate of the dollar is 1.10 euros per dollar and currently the exchange rate is 0.90 euros per dollar, then there is a ________ of dollars that leads to ________.
 
  A) surplus; the supply curve of dollars shifting leftward
  B) shortage; a rise in the exchange rate
  C) surplus; a rise in the exchange rate
  D) shortage; the supply curve of dollars shifting rightward
  E) shortage; the demand curve for dollars shifting rightward



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Brenm

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Answer to Question 1

TRUE

Answer to Question 2

B




sc00by25

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


duy1981999

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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