Consider the currency market for British pounds and U.S. dollars. A decrease in the supply of British pounds results in a(n) ________ of the pound and a(n) ________ of the dollar.
A. appreciation; depreciation
B. appreciation; appreciation
C. depreciation; depreciation
D. depreciation; appreciation
Answer: A
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Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)
If government wishes to increase the quantity of higher education consumed, what can be done to accomplish this?
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