A Change in the Dollar Value of the British Pound

question 82

Multiple Choice

A change in the dollar value of the British pound from $1.60 to $1.50 represents

• A)an increase in the pound price of British goods.
• B)an appreciation of the dollar relative to the pound.
• C)an appreciation of the pound relative to the dollar.
• D)an increase in the dollar price of British goods.

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Definitions:

Spiritual Substance

An immaterial substance that is often associated with the divine or with the essence of consciousness.

Social Consensus

General agreement among members of a society or a group on basic values, beliefs, and norms.

Earth Moves

A term often related to the perceptible shifting or movement of the Earth’s surface due to natural phenomena like earthquakes.

Sun

The star at the center of our solar system, which is a nearly perfect sphere of hot plasma, generating energy and supporting life on Earth through its light and warmth.