Question
Question: In the early 2000s the USA had spent a lot of its dollar reserves to finance the foreign wars, and as a result, increased
Question:
In the early 2000s the USA had spent a lot of its dollar reserves to finance the foreign wars, and as a result, increased its money supply, meanwhile, countries like China and Saudi Arabia have bought a lot of dollars to increase their foreign reserves, as a result, demand for the dollar also did increase. Can you please draw on the same graph demand and supply for USA dollars in 2000 (supposedly before these developments occur), and 2010 (supposedly after these developments occurred), please clearly show equilibrium interest rate for both cases
Thanks in advance
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