Solve the System by the Method of Substitution

question 42

Multiple Choice

Solve the system by the method of substitution.

• A) no real solution
• B) (-4, -25), (5, -16)
• C) (-4, -23), (5, -14)
• D) (-4, 15), (5, 24)
• E) (-4, -25)

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Definitions:

Demand for Pounds

Refers to the desire or requirement for British pounds in the foreign exchange market, usually driven by trade, investment, or speculation needs.

Fixed Exchange Rates

A currency system where the value of a currency is pegged to another currency, a basket of currencies, or a valuable commodity like gold.

World Liquidity

The availability of global financial assets that can be easily exchanged or used for transactions.

Central Banks

National banks that provide financial and banking services for a country's government and commercial banking system, mainly responsible for monetary policy.