Suppose the Supply of Dollars Decreased from S₂ to S₁

question 11

Multiple Choice

Suppose the supply of dollars decreased from S₂ to S₁ in Figure 36.3.As a result of this change,

• A)Swiss chocolate imports to the United States will be lower-priced.
• B)U.S.computer exports to Switzerland will be lower-priced.
• C)A trade deficit will be created in Switzerland.
• D)The Swiss franc will gain value worldwide.

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Definitions:

Elbow

The joint connecting the forearm to the upper arm, allowing for the bending and extending of the arm.

Knee

A hinge joint that connects the thigh bone (femur) to the shin bone (tibia).

Shoulder

The region of the body where the upper arm bone (humerus), shoulder blade (scapula), and collarbone (clavicle) meet.

Diarthrosis

A type of joint that allows for free movement between the bones it connects, commonly known as a synovial joint.