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 179 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?

People about to have surgery must tell their health care providers about all supplements they take.

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?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

For a complete list of videos, visit our video library