A Market-Determined Increase in the Dollar Price of the Pound

question 65

Multiple Choice

A market-determined increase in the dollar price of the pound is associated with:

• A) Revaluation of the dollar
• B) Devaluation of the dollar
• C) Appreciation of the dollar
• D) Depreciation of the dollar

---

Definitions:

Negative Correlation

A relationship between two variables in which one variable increases as the other decreases, and vice versa.

Direct Correlation

A positive relationship between two variables such that as one variable increases, the other also increases.

Strong Relationship

A significant and intense association or correlation between two or more variables in a study or analysis.

Direct Correlation

A relationship between two variables such that as the value of one variable increases, the value of the other variable also increases, and vice versa.