Economics 9708 · AS & A Level · Demand and supply curves

Demand and supply curves — practice question

The table gives the number of Jamaican dollars that could be exchanged for one unit of other currencies in June and July 2001. What conclusion might be drawn from the table?

  • AThere was an increased demand for US$ by Jamaicans.
  • BThere was an increased supply of UK£ to Jamaicans.
  • CThere was a reduced supply of Guyana $ to Jamaicans.
  • DThere was a reduced demand for Barbados $ by Jamaicans.

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI