The supply curve of British pounds slopes upward because as the dollar _____ American goods become ______ for the British.Therefore, the British purchase ______ American goods, and the quantity of pounds supplied decreases.
A) depreciates against the pound; more expensive; more
B) depreciates against the pound; more expensive; less
C) appreciates against the pound; more expensive; less
D) appreciates against the pound; less expensive; more

Question

Quizplus · Accepted Answer

The Answer of The supply curve of British pounds slopes upward because as the dollar _____ American goods become ______ for the British.Therefore, the British purchase ______ American goods, and the quantity of pounds supplied decreases.
A) depreciates against the pound; more expensive; more
B) depreciates against the pound; more expensive; less
C) appreciates against the pound; more expensive; less
D) appreciates against the pound; less expensive; more

The Supply Curve of British Pounds Slopes Upward Because as the Dollar