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Author Question: If the expected future exchange rate decreases, then the supply of dollars ________ and the demand ... (Read 91 times)

naturalchemist

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If the expected future exchange rate decreases, then the supply of dollars ________ and the demand for dollars ________.
 
  A) increases; increases
  B) decreases; increases
  C) increases; decreases
  D) decreases; decreases
  E) does not change; does not change

Question 2

According to the table, the Big Mac would cost the same in Switzerland and the United States at an exchange rate of ________ Swiss franc for every one U.S. dollar.
 
  A) 0.86 B) 1.27 C) 1.36 D) 2.72



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al

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Answer to Question 1

C

Answer to Question 2

C




naturalchemist

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


frankwu0507

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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