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APUS57

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If the government of a country is maintaining an overvalued currency against the dollar, then the:
 
  A) quantity of dollars demanded will exceed the quantity of dollars supplied in the foreign exchange market.
  B) quantity of dollars demanded will equal the quantity of dollars supplied in the foreign exchange market.
  C) quantity of domestic currency demanded will exceed the quantity of dollars supplied in the foreign exchange market.
  D) quantity of dollars supplied will exceed the quantity of dollars demanded in the foreign exchange market.

Question 2

Stock prices in Richland declined suddenly after one of the largest banks in Richland faced bankruptcy. If animal spirits play an important role in shaping Richland's economy, which of the following is likely to happen assuming all else equal?
 
  A) Equilibrium unemployment in Richland will fall.
  B) Equilibrium wage levels in Richland will fall.
  C) Investment by firms in Richland will increase.
  D) Richland's consumption expenditure will increase.


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Jadwiga9

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APUS57

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Reply 2 on: Jun 30, 2018
Wow, this really help


zacnyjessica

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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