The shape of supply curve of foreign exchange is : Option 1: A horizontal line parallel to x-axis Option 2: A vertical line parallel to y-axis Option 3: An upward sloping line Option 4: A downward sloping line

The answer is 'An upward sloping line'. View full solution:

The shape of supply curve of foreign exchan>= is :

A horizontal line paral<=l to x-axis

A vertical line paral<=l to y-axis

CUET Economics

Macro

Easy

A horizontal line parallel to x-axis

A vertical line parallel to y-axis

An upward sloping line

A downward sloping line

✅ Correct Option: 3