-Refer to Figure 17-3 above figure,where the current demand curve is D1.Suppose interest rates in England drop relative to those in the United States.Which of the following would happen?
A) The U.S.would move from point A to point B along D1.
B) The U.S.demand curve for British pounds would shift from D1 to D2
C) The U.S.demand curve for British pounds would shift from D1 to D3
D) The U.S.would move from point A to point C along D1.
E) The U.S.would move from point C to point B along D1.
Correct Answer:
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