Refer to the information provided in Figure 34.4 below to answer ...

[Diane]

Question 1

If a nation's interest rates are relatively high compared to those of other countries, then the exchange value of its currency will tend to

◦ depreciate under a system of floating exchange rates.
◦ depreciate under a system of fixed exchange rates.
◦ appreciate under a system of fixed exchange rates.
◦ appreciate under a system of floating exchange rates.

Question 2

Refer to the information provided in Figure 34.4 below to answer the question(s) that follow.








Refer to Figure 34.4. If the demand and supply of pounds are 
D
₁ and 
S
₁, the equilibrium is

◦ $2.50 per pound and the quantity is 400 pounds.
◦ $2.00 per pound and the quantity is 500 pounds.
◦ 2 pounds per $ and the quantity is 500 pounds.
◦ $1.50 per pound and the quantity is 300 pounds.

[ebe]

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[Diane]

Excellent

[DylanD1323]

Thanks for the timely response, appreciate it