An Increase in Swiss Prices Will Cause

question 108

Multiple Choice

An increase 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.

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Definitions:

Federal Trade Commission

A U.S. federal agency responsible for the enforcement of antitrust and consumer protection laws.

Deceptive

Intended to mislead or trick, causing someone to believe something that is not true.

Credit Report

A detailed report of an individual's credit history prepared by a credit bureau and used by lenders to determine creditworthiness.

Prequalification Offer

An initial offer made based on a preliminary assessment of the recipient's qualifications, often used in loan or credit applications.