Multiple Choice
If the U.S.interest rate falls while the British interest rate remains constant,which of the following will happen in the market for pounds?
A) A rightward shift of the demand curve,a leftward shift of the supply curve,and an appreciation of the pound
B) A leftward shift of the demand curve,a rightward shift of the supply curve,and an appreciation of the pound
C) A leftward shift of the demand curve,a leftward shift of the supply curve,and a depreciation of the pound
D) A rightward shift of the demand curve,a rightward shift of the supply curve,and an appreciation of the pound
E) A leftward shift of the demand curve,a rightward shift of the supply curve,and a depreciation of the pound.
Correct Answer:
Verified
Correct Answer:
Verified
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