Table 11.2.Supply and Demand of British Pounds

question 73

Multiple Choice

Table 11.2.Supply and Demand of British Pounds

-Refer to Table 11.2.At the exchange rate of $1.80 per pound,there is an ____ for pounds.This imbalance causes ____ in the price of the pound,which leads to ____ in the quantity of pounds supplied and ____ in the quantity of pounds demanded.

• A) Excess supply,a decrease,a decrease,an increase
• B) Excess supply,an increase,a decrease,an increase
• C) Excess demand,an increase,an increase,a decrease
• D) Excess demand,an increase,a decrease,an increase

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Definitions:

Extend

To increase in scope, range, or duration.

Expend Effort

The process of using energy or resources towards accomplishing a task or goal.

Workload

The amount of work assigned to or expected to be completed by an individual or team.

Work-Family Conflict

A form of inter-role conflict in which the demands of work and family roles are incompatible, causing stress.