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 demand for Swiss francs in the foreign exchange market rises, and Switzerland's monetary base falls.
b. The supply of Swiss francs in the foreign exchange market rises, and Switzerland's monetary base rises.
c. The supply of Swiss francs in the foreign exchange market rises, and Switzerland's monetary base falls.
d. The demand for Swiss francs in the foreign exchange market rises, and Switzerland's monetary base rises.
e. The demand for Swiss francs in the foreign exchange market rises, and Switzerland's monetary base remains unchanged.
.A
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Indicate whether the statement is true or false