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Figure 30-8 -Refer to Figure 30-8.The Graph Above Depicts Supply and Demand

question 63

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Figure 30-8
Figure 30-8    -Refer to Figure 30-8.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
-Refer to Figure 30-8.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.


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Experimental

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