Refer to the Information Provided in Figure 19

Multiple Choice

Refer to the information provided in Figure 19.3 below to answer the questions that follow. Figure 19.3
-Refer to Figure 19.3. Which of the following will shift the supply of pounds from S₀ to S₁?

A) an increase in U.S. income
B) a decrease in British income
C) an increase in the British price level
D) a decrease in the U.S. price level