Multiple Choice
An increase in the US demand for British pounds causes
A) An appreciation of the pound
B) Depreciation of the dollar
C) None of the above
D) Both a and b
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q54: For foreigners,the intersection of the demand for
Q55: The demand for dollars is downward sloping
Q56: Holding other things constant,decreases in the price
Q57: If a panic causes Indian depositors to
Q58: Which of the following is(are)the characteristics of
Q60: Due to a boom in the US,the
Q61: If the Canadian dollar appreciates,holding other things
Q62: Holding other things constant,increases in the price
Q63: US Exports<br>After staying around 1.35 US dollars
Q64: A widget costs $1000 in the US