-Refer to the Graph Above to Answer This Question

question 142

Multiple Choice

-Refer to the graph above to answer this question.Under a system of flexible exchange rates,what will the shift in demand from D1 to D2 do?

• A)Cause Canadian exports to decline and its imports to rise.
• B)Cause the Canadian dollar to depreciate.
• C)Cause the franc to depreciate.
• D)Cause the Canadian dollar to appreciate.
• E)Cause a balance of payments deficit in Switzerland.

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Definitions:

Range

The difference between the highest and lowest values in a set of numbers, indicating the spread or variation within the data.

Heredity

The biological process through which genetic traits are transmitted from parents to their offspring.

Personality Development

The growth and development of the psychological characteristics and traits that define an individual.

Greatest Changes

Significant alterations or transformations in a situation, process, or condition.