If the U.S. Demand for British Pounds Increases

Multiple Choice

If the U.S. demand for British pounds increases,

A) the dollar price of a British pound will increase
B) the dollar price of a British pound will decrease
C) the exchange rate between dollars and pounds will be out of equilibrium
D) the pound will fall in value against the dollar
E) there will be no change in either the value of the dollar or the pound