18. Which of the following will cause a depreciation in the exchange rate for the UK pound sterling against the US dolla

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18. Which of the following will cause a depreciation in the exchange rate for the UK pound sterling against the US dolla

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18 Which Of The Following Will Cause A Depreciation In The Exchange Rate For The Uk Pound Sterling Against The Us Dolla 1
18 Which Of The Following Will Cause A Depreciation In The Exchange Rate For The Uk Pound Sterling Against The Us Dolla 1 (25.05 KiB) Viewed 40 times
18. Which of the following will cause a depreciation in the exchange rate for the UK pound sterling against the US dollar, ceteris paribus? Choose the best answer. (3 marks) (a) A rise in the interest rate set by the Bank of England. (b) Investment prospects in the UK improve relative to those in the USA. (c) The inflation rate in the UK is higher relative to the US inflation rate. (d) A decrease in the aggregate demand due to the global recession.
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