Suppose we were analyzing the pound per Swiss franc foreign exchange market. If Switzerland's central bank intervenes to raise the value of the Swiss franc, then:
a. The supply of Swiss francs in the foreign exchange market rises, and England's monetary base rises.
b. The supply of Swiss francs in the foreign exchange market rises, and England's monetary base falls.
c. The demand for Swiss francs in the foreign exchange market rises, and England's monetary base rises.
d. The demand for Swiss francs in the foreign exchange market rises, and England's monetary base remains unchanged.
e. The demand for Swiss francs in the foreign exchange market rises, and England's monetary base falls.
.C
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Consumption spending is $5 million, planned investment spending is $8 million, unplanned investment spending is -$2 million, government purchases are $10 million, and net export spending is $2 million. What is GDP?
A) $15 million B) $23 million C) $25 million D) $27 million
By the time the Civil War (1861–1865) ended, hyperinflation was a problem in both the North and the South
Indicate whether the statement is true or false