Author Question: If the U.S. dollar and British pound have a flexible exchange rate, and the U.S. dollar changes so ... (Read 123 times)

azncindy619 · **on:** Jun 30, 2018

If the U.S. dollar and British pound have a flexible exchange rate, and the U.S. dollar changes so that one needs more dollars to buy one pound, the currency has

A) depreciated.
B) appreciated.
C) devalued.
D) revalued.

Question 2

The fact that developed countries have strong, widely attended university systems indicates that

(a) university expansion should be a development priority.
(b) universities teach skills used on the job.
(c) developing countries place too much stress on agriculture.
(d) none of the above.