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Advanced Placement (AP)Advanced Placement (AP)
4 January, 19:11

If the Costa Rican government sets the exchange rate at 10 colon per U. S. dollar, then

A. the supply of Costa Rican colones will increase.

B. the supply of Costa Rican colones will decrease.

C. the quantity supplied of Costa Rican colones will decrease.

D. the quantity supplied of Costa Rican colones will increase.

E. the quantity demanded of Costa Rican colones will decrease.

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Answers (1)
  1. 4 January, 19:12
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    If the Costa Rican government sets the exchange rate at 10 colon per U. S. dollar, then

    D. the quantity supplied of Costa Rican colones will increase.
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Home » Advanced Placement (AP) » If the Costa Rican government sets the exchange rate at 10 colon per U. S. dollar, then A. the supply of Costa Rican colones will increase. B. the supply of Costa Rican colones will decrease. C.
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