If U.S. goods became less desirable to the British, there would be
a. a rightward movement along the supply of British pounds curve in the dollar-pound market
b. a leftward movement along the supply of British pounds curve in the dollar-pound market
c. a rightward shift of the supply of British pounds curve in the dollar-pound market
d. a leftward shift of the supply of British pounds curve in the dollar-pound market
e. no change in the supply of British pounds curve in the dollar-pound market
D
You might also like to view...
If the Bank of Japan permanently increases its money supply, then which of the following is most likely to take place in the short run?
a. Japanese prices will immediately decrease. b. Japanese prices will immediately increase. c. Japanese interest rates will increase. d. Japanese interest rates will decrease.
The table above provides information about the marginal social cost and marginal social benefit of street lights, which are a public good
a) What quantity would a private company provide? Why? b) What is the efficient quantity?