Figure 15.2 Market for the British Pound

question 16

Multiple Choice

Figure 15.2 Market for the British Pound
-Refer to Figure 15.2.Suppose the demand for pounds increases from D₀ to D₁.Under a fixed exchange rate system,the U.S.exchange stabilization fund could maintain a fixed exchange rate of $0.80 per pound by:

• A) Selling pounds for dollars on the foreign exchange market
• B) Selling dollars for pounds on the foreign exchange market
• C) Decreasing U.S.exports,thus decreasing the supply of pounds
• D) Stimulating U.S.imports,thus increasing the demand for pounds

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Definitions:

DNA Molecules

The carriers of genetic information in living organisms, consisting of two long strands forming a double helix.

Epigenetic Molecules

Molecules that can modify the structure of DNA or its surrounding environment, thereby affecting gene expression without altering the DNA sequence itself.

Fraternal Twins

Twins born from two separate eggs fertilized by two different sperm cells, resulting in siblings that are genetically distinct.

Dizygotic

Referring to twins that are the result of two separate eggs fertilized by two separate sperm, resulting in genetically distinct siblings born at the same time.