Quantity of Euros Supplied Price Quantity of Euros Demanded 400 $1.10 100 360 1.00 200 300 0.90 300 286 0.80 400 287 0.70 500     The table shows the supply and demand schedules for the European euro. Under a flexible exchange-rate system, what will be the euro rate of exchange for one U.S. dollar?   Multiple Choice   0.95 euro   1.00 euros   1.11 euros   1.23 euros

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