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Use the Graph Below to Answer Questions 9 - 12

question 32

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Use the graph below to answer questions 9 - 12.
Figure 1.1 Use the graph below to answer questions 9 - 12. Figure 1.1   -Refer to Figure 1.1.Suppose that the market for British pound is initially in equilibrium at point A with the exchange rate $2.00 per pound.When the demand curve shifts to D<sub>2</sub>,the pound ___________ and the quantities of pound traded in the market __________. A)  appreciates; increases B)  appreciates; decreases C)  depreciates; increases D)  depreciates, decreases
-Refer to Figure 1.1.Suppose that the market for British pound is initially in equilibrium at point A with the exchange rate $2.00 per pound.When the demand curve shifts to D2,the pound ___________ and the quantities of pound traded in the market __________.


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