• 2022-05-27
    Assume that the inflation rate becomes much higher in the UK relative the US. This will place _______ pressure on the value of the British pound. Also, assume that interest rates in the UK begin to rise relative to interest rates in the US. The change in interest rates will place _______ pressure on the value of the British pound.
    A: upward;
    downward
    B: upward;
    upward
    C: downward;
    upward
    D: downward;
    downward