The graph shows the market for dollars in South Africa. You plan to buy 5 new...

 

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The graph shows the market for dollars in South Africa. You plan to buy 5 new Xbox games consoles on eBay for $450 each. The bank however advised you the exchange rate changed due to an increase in demand for dollars. The demand curve shifted to D₁. Complete the sentences below by filling in the blanks with the correct values: At the new exchange rate, the 5 new Xbox games consoles will cost you (appreciated /depreciated) against the dollar. in total Therefore, the rand has Price per dollar (exchange rate) R/$ 10 9 0 " I I I 1 1 D 1 1 1 1 S D1 1 E סי tu E S D1 - Q Q₂ Quantity of dollars per day (billions) The graph shows the market for dollars in South Africa. You plan to buy 5 new Xbox games consoles on eBay for $450 each. The bank however advised you the exchange rate changed due to an increase in demand for dollars. The demand curve shifted to D₁. Complete the sentences below by filling in the blanks with the correct values: At the new exchange rate, the 5 new Xbox games consoles will cost you (appreciated /depreciated) against the dollar. in total Therefore, the rand has Price per dollar (exchange rate) R/$ 10 9 0 " I I I 1 1 D 1 1 1 1 S D1 1 E סי tu E S D1 - Q Q₂ Quantity of dollars per day (billions)

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The new exchange rate after the shift in demand is R101This means that At the new exchang... View the full answer