Krugman's Economics For The Ap® Course
Krugman's Economics For The Ap® Course
3rd Edition
ISBN: 9781319113278
Author: David Anderson, Margaret Ray
Publisher: Worth Publishers
Question
Book Icon
Chapter 8R, Problem 8MCQ
To determine

To find:

Things that are traded in financial market.

Expert Solution & Answer
Check Mark

Explanation of Solution

In simple words, Consumers, investment funds, businesses, hedge funds, and central banks all sell and purchase foreign currency in foreign exchange markets. Their primary duty is to convert currencies, transfer purchasing power, manage credit, etc.

Thus, we can conclude that the correct option is E.

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