This topic contains a solution. Click here to go to the answer

Author Question: A decrease in Swiss prices will cause A) an increase in the demand for U.S. dollars and an ... (Read 173 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
A decrease in Swiss prices will cause
 
  A) an increase in the demand for U.S. dollars and an increase in the exchange rate of Swiss francs per dollar.
  B) a decrease in the demand for U.S. dollars and a decrease in the exchange rate of Swiss francs per dollar.
  C) an increase in the supply of U.S. dollars and a decrease in the exchange rate of Swiss francs per dollar.
  D) a decrease in the supply of U.S. dollars and an increase in the exchange rate of Swiss francs per dollar.

Question 2

In the foreign exchange market, the
 
  A) supply of dollars decreases as the exchange rate increases and the quantity of dollars supplied does not change.
  B) quantity of dollars supplied increases as the exchange rate decreases and the supply of dollars does not change.
  C) quantity of dollars supplied increases as the exchange rate increases and the supply of dollars does not change.
  D) supply of dollars increases as the exchange rate increases and the quantity of dollars supplied does not change.
  E) both the quantity of dollars supplied and the supply of dollars increases as the exchange rate increases.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

underwood14

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

C

Answer to Question 2

C





 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

For a complete list of videos, visit our video library