Abigail traveled from the U. S. to England three summers in a row with a budget of $500 for spending money. Oddly
enough, each year it seemed she could buy less and less with her money. What is a possible explanation?
The exchange rate between the US dollar and the British pound changed so that dollars would buy fewer pounds.
The exchange rate between the US dollar and the British pound changed so that dollars would buy more pounds
The average price level of British products fell.
The average price level of American products increased.