Examlex

Solved

When the Value of the Dollar Changes from £0

question 132

Multiple Choice

When the value of the dollar changes from £0.75 to £0.5,then the British pound has ________ and the U.S. dollar has ________.


Definitions:

DVD Player Industry

The sector or market associated with the manufacture and sale of DVD players.

Cigarettes

Narrow cylinders containing psychoactive material, typically tobacco, that are rolled into thin paper for smoking.

Levy

A tax imposed by a government on goods, services, or financial transactions.

Consumption

The use of goods and services by households, which represents the final phase in the economic chain of activities.

Related Questions