Figure 19-11

-Refer to Figure 19-11.Which of the events below cause the shifts in the supply and demand curves in the market for dollars against the British pound shown in the graph above?

Question

Figure 19-11
 
-Refer to Figure 19-11.Which of the events below cause the shifts in the supply and demand curves in the market for dollars against the British pound shown in the graph above?

Quizplus · Accepted Answer

When interest rates rise in England, it makes British investments more attractive, increasing demand for pounds and decreasing demand for dollars, causing the supply of dollars to increase and the demand for dollars to decrease.

Figure 19-11 -Refer to Figure 19-11.Which of the Events Below Cause the Events