Quest Determine &
( a) The equilibrium Exchange Rate
between the dollar and the pound
Sterling and the equel librium quantity
of pounds with supply curves batall
flexible Exchange Rate
System.
a
Answers
Answered by
4
Answer:
The demand and the new supply curve S* is shown in the graph as below.
Answered by
0
Answer:
in a system of flexible exchange rate the exchange rate of currency like price of a good is freely determined by forces of market demand and supply of foreign exchange
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