If the Goods' Money Prices Do NOT Change, an Appreciation

question 6

Multiple Choice

If the goods' money prices do NOT change, an appreciation of the dollar against the pound

• A) makes British sweaters cheaper in terms of American jeans.
• B) makes British sweaters more expensive in terms of American jeans.
• C) doesn't change the relative price of sweaters and jeans.
• D) makes American jeans cheaper in terms of British sweaters.
• E) makes British jeans more expensive in Britain.

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Definitions:

Antiseptic

Substances used on the skin to reduce or prevent infection by killing or inhibiting the growth of pathogens.

Instrument Component

An Instrument Component is a part or element of a larger device that is designed to perform a specific function within the instrument.

Serrations

Etchings located on the blades of an instrument to keep it from slipping.

Teeth

Hard, calcified structures in the jaws of many vertebrates, used for biting and chewing.