If a currency increases in value as a result of government decree rather than market forces, the process is known as

In response to the early Keynesians, monetarists contended that

A) monetary policy during the Great Depression was not easy. B) bank failures during the Great Depression were not the cause of the decline in the money supply. C) evidence from the Great Depression demonstrated the ineffectiveness of monetary policy. D) there is a weak link between interest rates and investment spending.

When the Swiss franc appreciates relative to the dollar

A. it becomes less expensive in terms of the dollar. B. it takes fewer dollars to buy a Swiss franc. C. it takes more dollars to buy a Swiss franc. D. None of these statements are true.