-Using the graph above, if the demand and supply of pounds are D1 and S1, identify the equilibrium exchange rate. Explain why a higher or lower exchange rate won't last very long.
Definitions:
Complexity
The state of having multiple interconnected parts, which can make understanding or solving problems more difficult.
Impact
The significant or lasting effect that something, particularly a significant change, has on a situation, process, or state.
Assessing Change
The process of evaluating or determining the extent, significance, or effects of alterations in a given situation or environment.
Measurable Outcomes
Specific, quantifiable results that can be used to evaluate the success or impact of an activity or project.
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