The Figure Given Below Depicts the Foreign Exchange Market for British

question 64

Multiple Choice

The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2

-If prices rise within a country, then, other things equal, the value of a unit of domestic currency will:

• A)rise in both the domestic and the foreign exchange markets.
• B)fall in both the domestic and the foreign exchange markets.
• C)rise in the domestic market and fall in the foreign exchange market.
• D)fall in the domestic market and rise in the foreign exchange market.
• E)fluctuate unpredictably in both domestic and foreign exchange markets.

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Definitions:

Stereocilia

Hairlike projections of hair cells; microvilli that contain actin filaments.

Lateral Line Organs

Specialized sense organs in aquatic vertebrates that detect movement and vibration in the surrounding water.

Hair Cells

Sensory cells located in the inner ear that are responsible for converting sound and motion into electrical signals.

Stereocilia

Hairlike projections on the surface of certain cells, such as those in the inner ear, aiding in the detection of vibration and sound.