The Brexit Vote in June 2016 Resulted in Higher Expected

question 129

Multiple Choice

The Brexit vote in June 2016 resulted in higher expected trade barriers. The relative expected return on British (pound) assets therefore ________ and so the quantity demanded of pound assets ________ at any given exchange rate,shifting the demand curve for pound assets to the ________.

• A)fell;declined;left
• B)fell;increased;right
• C)fell;declined;right
• D)rose;declined;left
• E)rose;increased;left

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Definitions:

Emotional Responses

Refers to the psychological reactions triggered by emotions experienced in response to specific stimuli or situations.

Joseph LeDoux

A neuroscientist known for his research on survival circuits, including those that generate fear and anxiety responses.

Emotional Reactions

Immediate and spontaneous responses in feelings to stimuli or situations.

Interpretation

The act of explaining, reframing, or giving meaning to a particular phenomenon, situation, or piece of information.