BUSI 163 > Exchange Rate Determination Problem 3 Intro The spot exchange rate is $1.05 per euro. Attempt 1/5 for 10 pts Part 1 Which of the following statements is true? Check all that apply The supply and demand schedules intersect at $1.05 per euro At an exchange rate of $1.10 per euro, there'd be a surplus of euros. At an exchange rate of $1.10 per euro, there'd be a shortage of euros. At an exchange rate of $1 per euro, there'd be a surplus of euros. At an exchange rate of $1 per euro, there'd be a shortage of euros. Submit