Graphs
Graphs
In each graph, the vertical axis represents the price of FX in US dollars and the horizontal axis represents
the quantity of FX demanded / supplied. D0 and S0 refer to the initial supply and demand schedules while
D1 and S1 refer to the initial supply and demand schedules after they shift. The arrows indicate the direction
of the shift. Please choose the graph (A through H) which provides the best answer to the question.
(A) (B) (C)
S0 S1 S0
S1 S0 S1
D0 D1 D1
D1 D0 D0
D0
D1 D0 D0
(G) (H)
S0 S0
D1 D0
D0 D1