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Quantity of Euros Quantity of Euros Supplied Price Demanded 400 $1 . 10 100 360 1. 00 200 300 0. 90 300 286 0. 80

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Quantity of Euros Quantity of Euros Supplied Price Demanded 400 $1 . 10 100 360 1. 00 200 300 0. 90 300 286 0. 80 00 267 0 . 70 500 Under a flexible exchange rate system, what will be the euro rate of exchange for one U.S. dollar? Multiple Choice 0.95 euro 1.00 euros 1.11 euros O 1.23 euros

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