Examlex

Solved

Use the Graph Below to Answer Questions 9-11

question 4

Multiple Choice

Use the graph below to answer questions 9-11.
Figure 2.3: Use the graph below to answer questions 9-11. Figure 2.3:   -Refer to Figure 2.3.Suppose that the U.K agreed to peg its currency against the U.S.dollar at $2.00 per pound during the Bretton Woods system.Assume that the U.S.increases its imports from the U.K.As a result,the Bank of England would have to: A)  let the British pound appreciates B)  let the British pound depreciates C)  sell pounds and buy dollars in foreign exchange market. D)  sell dollars and buy pounds in foreign exchange market.
-Refer to Figure 2.3.Suppose that the U.K agreed to peg its currency against the U.S.dollar at $2.00 per pound during the Bretton Woods system.Assume that the U.S.increases its imports from the U.K.As a result,the Bank of England would have to:


Definitions:

Instance Variables

Variables defined in a class for which each instantiated object of the class has a separate copy, or instance.

Code Reuse

The practice in software development of using existing code for a new function or a different purpose to increase productivity and improve quality.

Super Class

In object-oriented programming, the class from which a subclass inherits properties and methods.

Base Class

A base class, also known as a superclass, is a class that is being inherited from by another class (subclass).

Related Questions