Any Event That Reduces the Supply of Swiss Francs to Be

question 18

Multiple Choice

Any event that reduces the supply of Swiss francs to be exchanged for U.S.dollars should result in a(an) _______ in the value of the Swiss franc with respect to _______,other things being equal.

• A) increase;U.S. dollar
• B) increase;nondollar currencies
• C) decrease;nondollar currencies
• D) decrease;U.S. dollar

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Definitions:

Beer

An alcoholic beverage produced by the fermentation of sugars derived primarily from malted barley, and often flavored with hops.

American Radio Stations

Broadcasting services in the United States that offer audio content to the public, ranging from music, news, sports, and talk shows, often regulated by the Federal Communications Commission (FCC).

1920s

A decade characterized by major economic growth, cultural and social changes, and advancements in technology and entertainment, often referred to as the "Roaring Twenties."

Russian Revolution

A series of political and social revolutions in Russia in the early 20th century that dismantled the Tsarist autocracy and led to the rise of the Soviet Union.