Question

What is likely to happen if U.S. inflation increases by more than British inflation? Check all...

What is likely to happen if U.S. inflation increases by more than British inflation?

Check all that apply:

The supply of pounds decreases.

The demand for pounds decreases.

The exchange rate movement is unclear.

The demand for pounds increases.

The dollar appreciates.

The supply of pounds increases.

The dollar depreciates.

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