If the U.S. Demand for British Pounds Increases

question 17

Multiple Choice

If the U.S. demand for British pounds increases,

• A) the dollar price of a British pound will increase
• B) the dollar price of a British pound will decrease
• C) the exchange rate between dollars and pounds will be out of equilibrium
• D) the pound will fall in value against the dollar
• E) there will be no change in either the value of the dollar or the pound

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Definitions:

Unconscious Conflict

A term in psychoanalytic theory referring to a struggle or clash between different impulses, desires, or aspects of the unconscious mind.

Coping Mechanisms

Strategies or behaviors that individuals use to manage stress, adversity, or emotional distress.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome, often reflecting a reaction to stress.

Conscious

The state of being awake and aware of one's surroundings and thoughts.