What impact is the increase in the supply of Dollars on price and the supply curve’s direction?
(a) The price of the Dollar becomes relatively lower.
(b) The Rand appreciates against the Dollar.
(c) The supply curve for the Dollar will shift to the left.
(d) The equilibrium point will be lower down on the Dollar demand curve.

Question

What impact is the increase in the supply of Dollars on price and the supply curve’s direction? 
 (a) The price of the Dollar becomes relatively lower. 
 (b) The Rand appreciates against the Dollar. 
 (c) The supply curve for the Dollar will shift to the left. 
 (d) The equilibrium point will be lower down on the Dollar demand curve.

Answer

Statements b and d are correct.

Answer

Statements b, c and d are correct.

Answer

Statement a and b.

Answer

All the statements are correct.

Answer

Statements b and c are correct.

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What impact is the increase in the supply of Dollars on price and the supply cur...

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