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 178 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?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

For a complete list of videos, visit our video library