The Times of London reported that the demand for U.K. pounds in 2011 shifted to the right.

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The Times of London reported that the demand for U.K. pounds in 2011 shifted to the right. What could have caused the shift?

a. Americans bought more U.K. goods.

b. More American goods were bought in the United Kingdom.

c. Incomes in the United Kingdom increased.

d. Incomes in the United Kingdom decreased.

e. American incomes decreased.

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Principles Of Microeconomics

ISBN: 9781913689681

7th Edition

Authors: Fred M. Gottheil

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Question Posted: Nov 12, 2024 01:00 AM

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The Times of London reported that the demand for U.K. pounds in 2011 shifted to the right.

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Principles Of Microeconomics

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