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Author Question: Refer to Figure 18-2. Consider the market for U.S. Dollars against the British pound ... (Read 351 times)

natalie2426

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on: Mar 16, 2019

Question 1

Figure 18-2











Refer to Figure 18-2.  Which of the events below cause the shifts in the supply and demand curves in the market for dollars against the British pound shown in the graph above?


◦ Interest rates rise in England.
◦ Interest rates rise in the United States.
◦ Real income rises in the United States.
◦ Real income falls in England.

Question 2

Figure 18-2











Refer to Figure 18-2.  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


◦ decreased; 0.46
◦ increased; 2.17
◦ decreased; 2.00
◦ increased; 0.50
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by natalie2426 on Mar 16, 2019

JaynaD87

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Reply #1 on: Mar 16, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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natalie2426

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Reply 2 on: Mar 16, 2019
YES! Correct, THANKS for helping me on my review

Sarahjh

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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