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.
C. it takes more dollars to buy a Swiss franc.
Economics
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The exchange rate converts
a. one currency value to another b. labor units to output units c. miles to kilometers d. physical capital units to human capital units e. none of the above
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