1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex17521 [72]
3 years ago
6

Assume that a country with an open economy has a fixed exchange-rate system and that its currency is currently overvalued in the

foreign exchange market. Which of the following must be true at the official exchange rate?
a. The quantity of the country's currency supplied is less than the quantity demanded.
b. The quantity of the country's currency supplied exceeds the quantity demanded.
c. the demand curve for the country's currency is horizontal.
d. The supply curve for the country's currency is horizontal.
e. The domestic interest rate is equal to the interest rate in that of the world.
Business
1 answer:
olasank [31]3 years ago
7 0

Answer: b. The quantity of the country's currency supplied exceeds the quantity demanded.

Explanation:

A country operating a fixed-exchange rate system would be actively trading its currency to ensure that it remains at a certain rate. If the currency is overvalued, it means that the currency is actually weak and is being propped up by the company's actions in the forex market.

A reason for the weakness would be that the supply is higher than the demand of the currency which means that, as per the rules of supply and demand, the currency is trading at a lower price, i,e., it is weak.

You might be interested in
The Oxford Provident Building Association was the first ________ to form in America.
11Alexandr11 [23.1K]

Answer:

Savings and loan association

Explanation:

8 0
3 years ago
A local college of business offers an outstanding graduate business school education program. Marissa pays the tuition to attend
rewona [7]

Answer:

Yes, it was a marketing exchange

The payment made of the tuition was exchanged for the knowledge that led Marissa to the new paid and satisfactory job.

Explanation:

Given that changing means taking one thing for another, in the context of marketing, we understand by exchange relationship an act of communication where the parts involved (two or more) make the offer and reciprocally deliver something of value ( comparison with other objects) and useful (measure of the satisfaction obtained when receiving something of value) that passes to the other part.

3 0
3 years ago
Data about how, when, why, where, and what people buy refers to Group of answer choices demographics. value-based marketing. rel
Rzqust [24]

Data on how, when, why, where and what people buy refers to marketing analytics which is a strategy that companies use to segment their market and develop promotional campaigns that are more aligned with their consumer.

<h3 /><h3>What is Marketing Analytics?</h3>

It is the area of ​​marketing responsible for collecting data to identify consumption patterns, develop the most effective strategy to reach the target audience and facilitate the decision-making process.

Therefore, a company that performs marketing analysis is more likely to be well positioned in a competitive market, where companies need to identify how to generate value for their consumers to achieve strategic advantages.

Find out more information about marketing analytics here:

brainly.com/question/20714266

8 0
2 years ago
If year 1 is the first year of this nation's existence and year 6 is the present year, this nation's public debt is
pav-90 [236]
It depends. How much is the government and treasury of the nation spending or has spent? This info is needed to determine the nation's public debt.
5 0
3 years ago
Tell me about your favorite customer and how you built a relationship with them.. How did you build that connection?
Lemur [1.5K]
My favorite customer while working in banking was Mr. Smith, I built a relationship with through asking questions and uncovering needs. I’m doing so I was able to find out about his family & met them and even have been In each other lives for years now!!
7 0
3 years ago
Other questions:
  • joslyn completed the lease term on her car and decided to turn the car in instead of purchasing it.Upon inspection, the dealerah
    8·2 answers
  • Selling, general, and administrative expenses were $80,000; net sales were $390,000; interest expense was $16,000; research and
    15·1 answer
  • When should a writer establish common ground before the bottom line statement?
    6·2 answers
  • What is a career fair?
    13·1 answer
  • In 1981 the average tuition for one year at a certain state school was $1,800. Thirty years later, in 2011, the average cost was
    8·2 answers
  • Miguel woke up one morning in a strange hotel in detroit. he has no memory of how he got there and cannot remember his name or w
    5·1 answer
  • The unemployment that results because the number of jobs available in some labor markets is insufficient to provide a job for ev
    13·1 answer
  • (Economics) Under what circumstances would corn be considered a commodity?
    7·1 answer
  • Question 5 of 10
    10·1 answer
  • Carley Company purchases a new delivery truck for $45,000. The sales taxes are $3,000. The logo of the company is painted on the
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!