If the U.S. dollar appreciates relative to the British pound, ...

[Yolanda]

If the U.S. dollar appreciates relative to the British pound, then we pay fewer dollars for a pound.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In the aggregate expenditures model, if an economy operates above equilibrium GDP, there will be:
 a. unplanned inventory depletion.
  b. an increase in GDP.
  c. an increase in employment.
  d. a decrease in GDP.

[l.stuut]

Answer to Question 1

True

Answer to Question 2

d

[Yolanda]

Thanks for the timely response, appreciate it

[tuate]

Great answer, keep it coming