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If interest rates in Great Britain rise relative to those in the United States,

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If interest rates in Great Britain rise relative to those in the United States,

If interest rates in Great Britain rise relative to those in the United States,
A) Brits would tend to supply more British pounds and the pound would depreciate.
B) Americans would tend to demand more British pounds and the dollar would appreciate.
C) Brits would tend to demand more dollars and the dollar would appreciate.
D) Americans would demand more British pounds and the dollar would depreciate.

Textbook

Introduction to Economic Reasoning

Edition: 8^th

Author: Rohlf

Read 78 times

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