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-Refer to Figure 17-3 Above Figure,where the Current Demand Curve

Question 30

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-Refer to Figure 17-3 above figure,where the current demand curve is D₁.Suppose interest rates in England drop relative to those in the United States.Which of the following would happen? A) The U.S.would move from point A to point B along D₁ B) The U.S.demand curve for British pounds would shift from D₁ to D₂ C) The U.S.demand curve for British pounds would shift from D₁ to D₃ D) The U.S.would move from point A to point C along D₁ E) The U.S.would move from point C to point B along D₁
-Refer to Figure 17-3 above figure,where the current demand curve is D₁.Suppose interest rates in England drop relative to those in the United States.Which of the following would happen?


A) The U.S.would move from point A to point B along D₁
B) The U.S.demand curve for British pounds would shift from D₁ to D₂
C) The U.S.demand curve for British pounds would shift from D₁ to D₃
D) The U.S.would move from point A to point C along D₁
E) The U.S.would move from point C to point B along D₁

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