If the price of $1 is 1.67 Swiss francs, the price of a Swiss franc is

A) $0.33.
B) $1.67.
C) $2.00.
D) $0.67.


D

Economics

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In the figure above, if the firm is regulated using an average cost pricing rule, the economic loss created is equal to the area of

A) ABG. B) BEFG. C) BCFG. D) BCE. E) None of the above because there is no economic loss created.

Economics

The combined Social Security tax rate was _____ up to incomes of _____

a. 15.3 percent; $87,000 b. 14.2 percent; $91,000 c. 11.7 percent; $83,500 d. 12.8 percent; $88,000

Economics

Any point outside the production possibilities frontier is called

A) unobtainable. B) full employment. C) unemployment. D) inefficient.

Economics

What do economists mean when they say ceteris paribus?

What will be an ideal response?

Economics