Which of the following would lead to a rightward movement along the demand curve for British pounds?
A) An increase in the dollar price of a pound
B) A decrease in U.S.GDP
C) A renewed interest in British beef products
D) A decrease in the dollar price of a pound
E) An increase in U.S.GDP.

Question

Quizplus · Accepted Answer

A decrease in the dollar price of a pound would make it cheaper to buy British pounds with dollars, which would increase the quantity demanded of pounds and lead to a rightward movement along the demand curve. The other choices would not necessarily lead to a movement along the demand curve for pounds.

Which of the Following Would Lead to a Rightward Movement