Suppose the dollar per pound exchange rate is $2 per pound while the dollar per Swiss franc exchange rate is 50 cents per franc. From the given information we can conclude that the Swiss franc per pound exchange rate is
A. 1 franc per pound.
B. 4 francs per pound.
C. too high.
D. too low.
Answer: B
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What will be an ideal response?
Which of the following is most likely to be associated with a strong union?
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Stagflation can be defined as a combination of ____.
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