If the U.S. price level rise relative to the Swiss price level, there would occur a (an): O a) Increase in the demand for francs-increase in the supply of francs-appreciation of the dollar O b) Decrease in the supply of francs--increase in the demand for francs-depreciation of the dollar O c) Increase in the supply of francs--decrease in the demand for francs-appreciation of dollar d) Decrease in the demand for francs--decrease in the supply of francs-depreciation of the dollar

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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If the U.S. price level rise relative to the Swiss price level, there would occur a (an):
a) Increase in the demand for francs-increase in the supply of francs-appreciation of the dollar
O b) Decrease in the supply of franes-increase in the demand for francs-depreciation of the dollar
O c) Increase in the supply of francs-decrease in the demand for francs-appreciation of dollar
d) Decrease in the demand for francs--decrease in the supply of francs-depreciation of the dollar
Transcribed Image Text:If the U.S. price level rise relative to the Swiss price level, there would occur a (an): a) Increase in the demand for francs-increase in the supply of francs-appreciation of the dollar O b) Decrease in the supply of franes-increase in the demand for francs-depreciation of the dollar O c) Increase in the supply of francs-decrease in the demand for francs-appreciation of dollar d) Decrease in the demand for francs--decrease in the supply of francs-depreciation of the dollar
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