[CLO 3] Assume that income levels in the US start to rise, while United Kingdom income levels remain unchanged. This will place interest rates rise, while american interest rates remain unchanged and that no inflation is expected in either country. This will place pressure on the value of the British pound. Also, assume that United Kingdom pressure on the value of the British pound.

Options

downward, upward

upward, upward

upward, downward

downward, downwar