If the British Price Level Rose Relative to the Swiss

question 141

Multiple Choice

If the British price level rose relative to the Swiss price level,there would be

• A) a rightward movement along the supply of Swiss francs curve in the pound-franc market
• B) a leftward movement along the supply of Swiss francs curve in the pound-franc market
• C) an increased supply of Swiss francs to the pound-franc market
• D) a decreased supply of Swiss francs to the pound-franc market
• E) no change of the supply of Swiss francs curve in the pound-franc market

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