Multiple Choice
Figure 19-11 
-Refer to Figure 19-11.The graph above depicts supply and demand for British pounds during a trading day,where the quantity is millions of pounds.In order to support a fixed exchange rate of $2.00 per pound,the British central bank must
A) buy 0.6 million pounds per trading day.
B) sell 0.6 million pounds per trading day.
C) buy 1.2 million pounds per trading day.
D) sell 1.2 million pounds per trading day.
Correct Answer:
Verified
Correct Answer:
Verified
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