If the USInterest Rate Falls While the British Interest Rate Remains Constant,which

question 137

Multiple Choice

If the U.S.interest rate falls while the British interest rate remains constant,which of the following will happen in the market for pounds?

• A) A rightward shift of the demand curve,a leftward shift of the supply curve,and an appreciation of the pound
• B) A leftward shift of the demand curve,a rightward shift of the supply curve,and an appreciation of the pound
• C) A leftward shift of the demand curve,a leftward shift of the supply curve,and a depreciation of the pound
• D) A rightward shift of the demand curve,a rightward shift of the supply curve,and an appreciation of the pound
• E) A leftward shift of the demand curve,a rightward shift of the supply curve,and a depreciation of the pound.

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Definitions:

Continuous Uniform Probability Distribution

A type of probability distribution where all outcomes in a continuous range are equally likely.

Rectangular

Pertaining to a shape or object whose surface has four right angles and the opposite sides are parallel and equal in length.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values; quantifies the degree to which values differ from the average value.

Normal Distribution

A bell-shaped curve that represents the distribution of data around a mean, showing that data near the mean are more frequent in occurrence.