If the Demand for British Pounds ____, the Pound Will

question 9

Multiple Choice

If the demand for British pounds ____, the pound will ____, other things being equal.

• A) increases; appreciate
• B) decreases; appreciate
• C) increases; depreciate
• D) B and C

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Definitions:

Corn Crop

The cultivation of corn (maize) plants for use as food, feed, biofuel, and raw materials in agriculture and industry.

Tortilla Chips

Crispy snack food made from corn tortillas cut into triangles and then fried or baked.

Fungus

A group of eukaryotic organisms, which include yeasts, molds, and mushrooms, that live by decomposing and absorbing the organic material in which they grow.

Input Costs

The expenses incurred to purchase the raw materials, labor, and other resources needed to produce goods or services.