Using the data below, we are now going to use our supply/demand framework for us $ to model the movement in the euro per $ exchange rate between december 2007 (the very beginning of the great recession) and november 2008 (pretty much the height of the global financial crisis). note that the data is given in $ per euro and then converted into euro per dollar. for example, $ 1.2 per euro is converted by 1/1.2 = .833 meaning that $1 = .83 euro (this is the vertical axis on your graph, i. e., euro per $).
draw a supply and demand diagram like we did numerous times in the lectures labeling the vertical axis as euro per $, the horizontal axis with quantity of dollars, the initial supply and demand curves labeled with 12/07, label this initial intersection point as point a. now explain what happened to each curve and why between 12/07 and 11/08. label as point b with your supply and demand curves labeled accordingly (hint: the two obvious facts during this period is that the 1) us was in a deep recession and 2) we were at the height of the (global) financial crisis (in 11/08). assume all else is constant.
data:
12/1/2007 the dollar per euro exchange rate is $1.45, so the euro per dollar exchange rate is 1/1.45 = .69 euros per dollar.
11/1/2008 the dollar per euro exchange rate is $1.27, so the euro per dollar exchange rate is 1/1.27=.79 euros per dollar.

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

steering wheels are always situated on the left side of the car.

always drive on the right side of the road.

white lines separate lanes of traffic traveling the same direction.

hashed or broken lines means you may change lanes when it is safe.

solid white lines mean stay in your lane.

yellow lines separate traffic moving in opposing directions.

hashed or broken yellow lines mean you can carefully pass, paying attention to oncoming traffic.

never cross a solid yellow line (or double yellow line).

when turning left at an intersection, pass in front of any cars that are turning left from the opposing direction (do not try to pass behind them).

use the left lane to pass other cars traveling your direction.

do not pass in the right lane unless absolutely necessary.

if you are driving in the far left hand lane and someone would like to pass you, move over to the right lane when it is safe to do so and allow them to pass.

you must always yield to pedestrians.

come to a complete stop whenever you see pedestrians trying to cross the street.

never pass a school bus if it has flashing red lights. wait until the lights have stopped.

be aware of bicyclists. often they share the road with cars and are supposed to also follow general traffic laws.

be particularly careful about driving in cities with bike lanes -- always check before turning that a bike is not coming.

it is mandatory to pull over or stop at an intersection to allow an emergency vehicle to pass you if you see one traveling with lights flashing and/or a siren running.

do not overuse your car horn. horns are used almost exclusively for emergency situations or for when you feel unsafe.

explanation:

ell really, the setting was in franklin and lincoln visits franklin even after he moved to columbus, and he went to school