Figure 29-2 -Refer to Figure 29-2. Consider the Market for U.S. Dollars

Multiple Choice

Figure 29-2
-Refer to Figure 29-2. Consider the market for U.S. Dollars against the British pound shown in the graph above. From this graph we can conclude that the dollar price of a British pound has ________ to ________ dollars per pound.

A) decreased; 0.46
B) increased; 2.17
C) decreased; 2.00
D) increased; 0.50