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If business leaders in Great Britain become more confident in their economy, their optimism will induce them to increase investment, causing the British pound to __________ and pushing the British trade balance toward __________. a. appreciate, deficit b. appreciate, surplus c. depreciate, deficit d. depreciate, surplus
Chapter 32, Problem 8(choose chapter or problem)
If business leaders in Great Britain become more confident in their economy, their optimism will induce them to increase investment, causing the British pound to __________ and pushing the British trade balance toward __________
.a. appreciate, deficit
b. appreciate, surplus
c. depreciate, deficit
d. depreciate, surplus
Questions & Answers
QUESTION:
If business leaders in Great Britain become more confident in their economy, their optimism will induce them to increase investment, causing the British pound to __________ and pushing the British trade balance toward __________
.a. appreciate, deficit
b. appreciate, surplus
c. depreciate, deficit
d. depreciate, surplus
ANSWER:Step 1 of 2
Given data:
If business leaders in Great Britain become more confident in their economy, their optimism will induce them to increase investment, causing the British pound to __________ and pushing the British trade balance toward __________, the options for the blank spaces are given as,
.a. appreciate, deficit
b. appreciate, surplus
c. depreciate, deficit
d. depreciate, surplus