A drop in dollar price of British pounds means that
a. fewer dollars are needed to buy British pounds
b. more dollars are needed to buy British pounds
c. the mark has appreciated
d. the dollar has depreciated
e. British goods are now more expensive to Americans
A
Economics
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Refer to the scenario above. Based on the given information, we can conclude that the market for used cars has ________
A) information asymmetry B) a perfectly competitive structure C) positive externalities D) negative externalities
Economics
A sound monetary policy response to a sudden temporary increase in currency held by the public would be to
A) reduce the rate of currency printing. B) carry out defensive open market operations. C) carry out dynamic open market operations. D) raise reserve requirements.
Economics