Question: Question 13 Please use these graphs to answer the next questions. In each graph, the vertical axis represents the price of BP in $ and
Question 13 Please use these graphs to answer the next questions. In each graph, the vertical axis represents the price of BP in $ and the horizontal axis represents the quantity of BP exchanged (demanded or supplied). D1 and S1 refer to the initial supply and demand schedules while D2 and $2 refer to the supply and demand schedules after they shift. The arrows indicate the direction of the shift. Quality of Exage Graph 1 Ganyet Graph 4 Swailly of EF Endarged Graph 2 # Quaryat Exchange Graph Quartly of EP Exchange Graph 3 Gewly of Of Ext Graph 6 5 pts If the US GNP decreased while the British GNP did not change, then use the graph above to pick one that best describes what will happen in the FX market for BP
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