Assume That There Is an Unexpected Increase in the Demand

question 4

Multiple Choice

Assume that there is an unexpected increase in the demand for U.S.dollars in Switzerland.If the foreign currency price of the U.S.dollar is fixed, the U.S.Federal Reserve must intervene in the foreign exchange market such that:

• A)the supply of U.S.dollars increases.
• B)the U.S.demand for the Swiss franc falls.
• C)the supply of U.S.dollars decreases.
• D)Swiss imports from the United States are reduced.
• E)the Swiss currency is devalued.

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Definitions:

Minor Calyces

Small, funnel-shaped structures in the kidneys that collect urine from the renal pyramids and convey it to the major calyces.

Major Calyces

The large passageways in the kidney that collect urine from the minor calyces and funnel it into the renal pelvis.

Cortical Tissue

Brain tissue found in the cortex that is involved in processing sensory information, thinking, and consciousness.

Pyramids

Structures located in the medulla oblongata of the brain, involved in the transmission of motor signals to the spinal cord.