Suppose you have one U.S. dollar with which you wish to purchase U.K. (one-year) bonds in period t. Which of the following expressions represents the amount of U.K. pounds you will receive in one year (i.e., period t + 1 ) from purchasing U.K. bonds in period t?

In the above figure, the axis breaks are used

A) to create a misleading graph. B) to indicate that there are jumps from the origin, 0, to the first values recorded along the axes. C) to indicate that there are not enough data to be included in the graph. D) to show that there are no data available for the omitted ranges.

When the U.S. dollar appreciates,

A. U.S. exports rise. B. U.S. imports decline. C. aggregate demand shifts inward. D. aggregate demand shifts outward.