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Which of the following results in a rise in the value of the U.S. dollar against the Swiss franc? Select one: a. The growth rate
Which of the following results in a rise in the value of the U.S. dollar against the Swiss franc? Select one:
a. The growth rate of national income is higher in Switzerland than in the United States.
b. Real interest rates are lower in the United States than in Switzerland.
c. Inflation is higher in the U.S. than in Switzerland.
d. Prices in Switzerland are rising faster than the prices in the United States.
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