Assume the United States is the "domestic" country and Switzerland is the "foreign" country. Which of the following might decrease the real exchange rate between the United States and Switzerland?

The entry of new firms into a competitive industry in the long run has the effect of

a. driving up long-run equilibrium price b. eliminating economic profits c. reducing equilibrium quantity d. making the demand curve facing each firm more inelastic e. shifting the cost curves for each firm by an amount equal to total cost divided by the number of firms

Economists who focus their analyses on the effects of a change in the money supply and velocity are called

a. realists. b. Keynesians. c. supply-siders. d. monetarists.