Question 6 (5 points) When the value of the British pound changes from $1.40 to $1.15, then the pound has ... and the U.S. dollar has... Oappreciated; depreciated O depreciated; appreciated O appreciated; appreciated O depreciated; depreciated Question 7 (5 points) Instrument independence is the ability of .. to set monetary policy .. O'Congress; goals O the central bank; goals Congress; instruments O the central bank; instruments