Appreciation of the U

Multiple Choice

Appreciation of the U.S. dollar versus the British pound may occur when

A) interest rates in the United States decrease and interest rates in the United Kingdom stay the same.
B) disposable income in the United States falls and income in the United Kingdom stays the same.
C) inflation occurs in the United States but not in the United Kingdom.
D) interest rates in both the United States and the United Kingdom increase.