Multiple Choice
If the demand for British pounds decreases,
A) the equilibrium price of the pound will increase
B) the equilibrium price of the pound will decrease
C) the equilibrium price of the pound will not change
D) the equilibrium price of the pound will change,but we need additional information to predict the direction of the change
E) no one can predict what will happen
Correct Answer:
Verified
Correct Answer:
Verified
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