When the $/£ exchange rate rises the pound _____ and when the $/£ ra – McqOptions

MCQOPTIONS

1.	When the $/£ exchange rate rises the pound _____ and when the $/£ rates falls the pound ________?
A.	depreciates, appreciates
B.	revalues, devalues
C.	appreciates, depreciates
D.	becomes more expensive becomes cheaper
Answer» D. becomes more expensive becomes cheaper

Discussion

No Comment Found

Related MCQs

With fixed exchange rates and no private currency flows, when the central bank buys domestic currency the domestic money supply is ?
Within the circular flow of income, an increase in domestic income will tend to increase ?
Which of the following is not likely to be government objective ?
Which of the following is not involved with fiscal policy ?
Which of the following is not a macroeconomic issue ?
Which of the following is macroeconomic issue ?
Which of the following is a possible government objective as opposed to a policy ?
Which of the following is a policy instrument as opposed to a government objective ?
Which of the following can the government not use directly to control the economy ?
Which fixed exchange rates and no private capital flows, to correct a balance of payments deficit, the central bank will _______ and ________ ?