-Referring to Figure 2

question 22

Multiple Choice

-Referring to Figure 2.1,the pound per dollar exchange rate starts at 2.00.Assume that an increase in the taste for U.S.imports by U.K.residents leads to a shift in the supply of pounds.How many pounds will the Bank of England need to purchase to restore the exchange of 2.00?

• A) 0.2 billion
• B) 1 billion
• C) 2 billion
• D) 4 billion

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Definitions:

Severe Problems

Issues or challenges that are intensely difficult or serious and require immediate attention or resolution.

Continual Problems

Issues or challenges that persist over time without being fully resolved.

Female Genital Mutilation

A procedure that entails either the complete or partial excision of the external parts of the female genitals or any harm to the female genital organs without medical justification.

African Cultures

A term referring to the vast range of distinct societies, traditions, languages, and histories found across the African continent.