One source of the supply of dollars in the foreign exchange market is
A) U.S. companies importing foreign goods.
B) foreign citizens buying U.S. goods.
C) SDRs being converted into dollars.
D) the U.S. Mint buying dollars from the Bank of England.
A
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Consider a society consisting of just a farmer and a tailor. The farmer has 10 units of food but no clothing. The tailor has 40 units of clothing but no food. Suppose each has the utility function U = F ? C. The price of clothing is always $1
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