m 9 Figure 19-7 |n|wered Exchange U! of {00 "'1. question (\"Up\") $0.02 0 Guantlty of rupees traded Refer to Figure 19-7. Which of the following is true? Select one: Q a. The rupee is overvalued at exchange rates less than $.02/rupee. O b. U.S. imports are more expensive at exchange rates greater than $.02/rupee than at the equilibrium exchange rate. O c. To achieve an exchange rate greater than $.02/rupee, the Reserve Bank of India ' must buy surplus dollars with rupees. Q d. Indian exports to the United States are more expensive at exchange rates greater I than $.02/rupee than at the equilibrium exchange rate