In June 2008, $1 bought 0.5 pounds and in October, $1 bought 0.65 pounds. As a result of this change, between June and October.
A) there was a rightward shift in the demand curve for dollars.
B) there was a movement down along the demand curve for dollars.
C) there was a movement up along the demand curve for dollars.
D) the dollar depreciated.
Correct Answer:
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Q245: If a countryʹs central bank does not
Q445: Q447: In July 2008, a British pound could Q448: As a result of the 2008 financial Q449: In October 2008, Iceland's central bank increased Q451: In June 2008, the dollar bought 1.6 Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
