Problem 2 * Intro The spot exchange rate is $1.05 per euro. Part 1 Attempt 1/5 for 10 pts. Which of the following statements is true? Check all that apply: At an exchange rate of $1.10 per euro, there'd be a shortage of euros. At an exchange rate of $1.10 per euro, there'd be a surplus of euros. At an exchange rate of $1 per euro, there'd be a shortage of euros. At an exchange rate of $1 per euro, there'd be a surplus of euros. The supply and demand schedules intersect at $1.05 per euro. Submit About Blog Contact Instructor Guide Privacy Policy Support Terms & Conditions Acconi 2012 2021