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The Following Two Figures Depict the Demand and Supply of U.S

Question 57

Multiple Choice

The following two figures depict the demand and supply of U.S. dollars and the demand and supply of British pounds in the foreign currency exchange market. Use these figures to answer the following questions. The following two figures depict the demand and supply of U.S. dollars and the demand and supply of British pounds in the foreign currency exchange market. Use these figures to answer the following questions.   -An appreciation of the ________ is shown in ________. A)  U.S.dollar; Figure A but not Figure B B)  U.S.dollar; Figure B but not Figure A C)  U.S.dollar; both Figures A and B D)  British pound; neither Figure A nor Figure B E)  British pound; both Figures A and B
-An appreciation of the ________ is shown in ________.


A) U.S.dollar; Figure A but not Figure B
B) U.S.dollar; Figure B but not Figure A
C) U.S.dollar; both Figures A and B
D) British pound; neither Figure A nor Figure B
E) British pound; both Figures A and B

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