If business leaders in Great Britain become moreconfident in their economy, they will increaseinvestment, causing the British pound to _________and pushing the British trade balance toward_________.a. appreciate; deficitb. appreciate; surplusc. depreciate; deficitd. depreciate; surplus

Principles of Economics (MindTap Course List)
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Author:N. Gregory Mankiw
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Chapter32: A Macroeconomic Theory Of The Open Economy
Section: Chapter Questions
Problem 6CQQ
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If business leaders in Great Britain become more
confident in their economy, they will 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

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