The demand curve for British pounds slopes downward because as the dollar ______ British goods become ______ for Americans.Therefore, Americans purchase ______ British goods, and the quantity of pounds demanded decreases.
A) appreciates against the pound; more expensive; more
B) appreciates against the pound; more expensive; fewer
C) depreciates against the pound; more expensive; more
D) depreciates against the pound; more expensive; fewer

Question

Quizplus · Accepted Answer

The Answer of The demand curve for British pounds slopes downward because as the dollar ______ British goods become ______ for Americans.Therefore, Americans purchase ______ British goods, and the quantity of pounds demanded decreases.
A) appreciates against the pound; more expensive; more
B) appreciates against the pound; more expensive; fewer
C) depreciates against the pound; more expensive; more
D) depreciates against the pound; more expensive; fewer

The Demand Curve for British Pounds Slopes Downward Because as the Dollar