A Drop in the Dollar Price of British Pounds Implies

question 27

Multiple Choice

A drop in the dollar price of British pounds implies that:

• A)fewer U.S.dollars are needed to buy British pounds.
• B)more dollars are needed to buy British pounds.
• C)the pound has appreciated.
• D)the dollar has depreciated.
• E)British goods are now more expensive to Americans.

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Definitions:

Behavior

The actions or reactions of an individual, often in response to external stimuli.

Terrorism

The unlawful use or threat of violence, especially against the state or the public, as a politically motivated means of attack or coercion.

Innocent Civilians

Noncombatant persons who are not involved in hostilities or armed conflicts.

Crowded Place

An area or location that is densely filled with people, often associated with cities, events, or public gatherings where movement and personal space are limited.