Last Week, 5

Multiple Choice

Last week, 5.5 Egyptian pounds could purchase one U.S. dollar. This week, it takes six Egyptian pounds to purchase one U.S. dollar. This change in the value of the dollar will ________ exports from the U.S. to Egypt and ________ U.S. aggregate demand.

A) increase; decrease
B) decrease; increase
C) increase; increase
D) decrease; decrease