Figure 30-11 -Refer to Figure 30-11. the Graph Above Depicts Supply and Depicts

question 180

Multiple Choice

Figure 30-11
-Refer to Figure 30-11. The graph above depicts supply and demand for British pounds during a trading day. At a fixed exchange rate of $2.00 per pound, the pound is ________ versus the dollar. A ________ of the pound would correct the fundamental disequilibrium that exists in this market.

• A) undervalued; devaluation
• B) undervalued; revaluation
• C) overvalued; revaluation
• D) overvalued; devaluation

---

Definitions:

Digesting

is the biological process in which an organism breaks down food through mechanical and chemical means to absorb nutrients, involving various organs in the digestive system.

Nervous System

The network of nerve cells and fibers that transmits nerve impulses between parts of the body, overseeing both voluntary action and the regulation of involuntary processes.

Electrochemical Impulses

Biological signals that transmit information along neurons, enabling thought, action, and perception.

Autonomic Nervous

A part of the nervous system that controls involuntary bodily functions such as heartbeat, digestion, and breathing.