A Swiss consumer wants to buy an American car. The exchange rate is 1USD=0.89CHF (Swiss Francs). The car costs $10,000 . How much would the car cost him in Swiss Francs?

a. 12,000 Francs
b. 11,600Francs
c. 8,900 Francs
d. 7,500 Francs

c

Economics

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Which of the following government actions is appropriate in a market with an external benefit?

A) taxes B) vouchers C) marketable permits D) setting a tax equal to the transactions costs E) price ceiling

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Labor unions did not become traditional or popular institutions until the

A. 1920s. B. 1940s. C. 1960s. D. 1980s.

Economics