At Which of the Following Exchange Rates Would the Quantity

question 66

Multiple Choice

At which of the following exchange rates would the quantity of British pounds demanded be the highest?

• A) $5.00 per pound.
• B) $2.50 per pound
• C) $3.00 per pound.
• D) $1.50 per pound.
• E) $2.00 per pound.

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