Which of the following would lead to an increase in the demand for British pounds?
a. A declining interest in British goods
b. A decrease in the U.S. interest rate relative to the British interest rate
c. Expectations that the exchange rate will fall
d. A decrease of the U.S. price level relative to the British price level
e. A decrease in the exchange rate.
B
Economics
You might also like to view...
Why is a tax inefficient?
What will be an ideal response?
Economics
The federal government has encouraged home ownership through ________
A) an increase in home prices B) an increase in domestic interest rates C) a decrease in the implicit rent on residential housing D) allowing mortgage interest to be tax deductible
Economics