Which of the following is not among the factors that could shift the supply of pounds curve? You may assume all other factors are held constant.
A) A change in U.S.real GDP.
B) A change in British real GDP.
C) An increase in the U.S.interest rate.
D) A change in British tastes for American goods.
E) An increase in the U.S.price level.

Question

Quizplus · Accepted Answer

The factors that could shift the supply of pounds curve are the factors that affect the willingness and ability of British firms and households to supply pounds. Real GDP, interest rates, tastes for goods, and price levels are among the factors that could shift the supply of pounds curve. However, changes in U.S. real GDP would not affect the supply of pounds, as it does not directly affect the British economy's willingness and ability to supply pounds.

Which of the Following Is Not Among the Factors That