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Figure 15.2 Market for the British Pound

Question 72

Multiple Choice
Figure 15.2 Market for the British Pound -Refer to Figure 15.2.Suppose the United States decreases investment spending in England.Under a floating exchange rate system,the new equilibrium exchange rate would be: A) $0.40 per franc B) $0.60 per franc C) $0.80 per franc D) $1.00 per franc

Figure 15.2
Market for the British Pound
Figure 15.2 Market for the British Pound -Refer to Figure 15.2.Suppose the United States decreases investment spending in England.Under a floating exchange rate system,the new equilibrium exchange rate would be: A) $0.40 per franc B) $0.60 per franc C) $0.80 per franc D) $1.00 per franc
-Refer to Figure 15.2.Suppose the United States decreases investment spending in England.Under a floating exchange rate system,the new equilibrium exchange rate would be:


A) $0.40 per franc
B) $0.60 per franc
C) $0.80 per franc
D) $1.00 per franc

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