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gcd99br gcd99br
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3 years ago
Identify whether each of the following would lead to an appreciation or depreciation of the pound. In each case, explain why the currency either appreciates or depreciates.
a) UK citizens switch from buying stock in US companies to buying stock in UK companies.
b) The inflation rate in the UK increases relative to the inflation rate in USA.
c) The money supply is increased in the UK.
d) Income in the UK increases.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
Authors:
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beunikuelbeunikuel
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3 years ago
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gcd99br Author
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3 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
Brilliant
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