VALUE OF EURO (U.S. dollars per euro) 1.9 1.8 1.7 1.5 1.4 1.3 1.2 0 50 100 150 200 250 300 350 400 450 500 550 600 QUANTITY OF EUROS (Billions) At an exchange rate of 1.1 per euro, the quantity of euros supplied is euros supplied is + billion euros, while at an exchange rate of 1.5 per euro, the quantity of sloping. billion euros. This confirms that the supply schedule for euros is

At an exchange rate of 1.1 per euro, the quantity of euros suppiled is bilition euro5, while at an exchange rate of 1.5 per euro, the quantity of euros supplied is billion euros. This confirms that the supply schedule for euros is sloping