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Demand of Euros in exchange of Dollars: De = 1100 - 500 e$/ Supply of Euros in exchange of Dollars: S = 140 + 300
Demand of Euros in exchange of Dollars: De = 1100 - 500 e$/ Supply of Euros in exchange of Dollars: S = 140 + 300 e$/ Questions: 1. What is the value of the equilibrium exchange rate e/? How many Dollars are sold and purchased in the market? 2. If demand of Euros changes to De = 1020 - 500 e$/ what is the new exchange rate es/? 3. If the supply of Euros changes to Se = 60 change, what is the new exchange rate e$/? 300 es/e, but the demand does not
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