As the Dollar Exchange Rate Increases,the Quantity of Dollars Supplied

The exchange rate that equates the quantity of the currency supplied and the quantity of the currency demanded in the foreign exchange market is called the __________ exchange rate. A) real B) market equilibrium value of the C) overvalued D) undervalued E) fixed

The market equilibrium value of the exchange rate is the A) price of domestic goods relative to the price of foreign goods. B) price of foreign goods relative to the price of domestic goods. C) number of units of the foreign currency that the domestic currency will buy. D) number of units of the domestic currency that a foreign currency will buy. E) exchange rate at which the quantity of the currency demanded in the foreign exchange market is equal to the quantity of the currency supplied.