Refer to Figure 36

question 62

Multiple Choice

Refer to Figure 36.3 for the dollar-Swiss franc foreign exchange market.Which of the following is true?

• A)The U.S.dollar appreciates in value compared to the franc when supply increases from S₁ to S_2.
• B)The Swiss franc appreciates in value compared to the U.S.dollar when supply decreases from S₂ to S_1.
• C)An increase in supply from S₁ to S₂ could be caused by an increase in the U.S.demand for Swiss chocolate.
• D)An increase in supply from S₁ to S₂ could be caused by an increase in Swiss demand for U.S.corn.

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Definitions:

Psychological Barriers

Mental or emotional obstacles that hinder individuals from achieving goals, making decisions, or communicating effectively.

Cardiovascular Exercise

Physical activity that increases heart rate and improves heart, lung, and circulatory system health.

Usage Barrier

Obstacles or factors that prevent or deter consumers from using a product or service, regardless of whether they have access to it.

New-Product Adopter

An individual or entity that purchases or uses a new product relatively early in its introduction to the market.