Figure 18-2
-Refer to Figure 18-2.Consider the market for U.S.Dollars against the British pound shown in the graph above.From this graph we can conclude that the dollar price of a British pound has ________ to ________ dollars per pound.

Question

Figure 18-2 
-Refer to Figure 18-2.Consider the market for U.S.Dollars against the British pound shown in the graph above.From this graph we can conclude that the dollar price of a British pound has ________ to ________ dollars per pound.

Quizplus · Accepted Answer

The correct answer is B because the graph would show a shift from a lower to a higher dollar price per British pound, indicating an increase to 2.17 dollars per pound.

Figure 18-2 -Refer to Figure 18-2.Consider the Market for U.S.Dollars Against the U.S.Dollars