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

Author Question: If the expected future exchange rate decreases, then the supply of dollars ________ and the demand ... (Read 78 times)

naturalchemist

  • Hero Member
  • *****
  • Posts: 542
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

al

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

C

Answer to Question 2

C




naturalchemist

  • Member
  • Posts: 542
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Medication errors are three times higher among children and infants than with adults.

For a complete list of videos, visit our video library