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If the Swiss Price Level Fell Relative to the British

Question 36

Multiple Choice

If the Swiss price level fell relative to the British price level,there would be


A) a rightward movement along the supply of British pounds curve in the franc-pound market
B) a leftward movement along the supply of British pounds curve in the franc-pound market
C) a rightward shift of the supply of British pounds curve in the franc-pound market
D) a leftward shift of the supply of British pounds curve in the franc-pound market
E) no change of the supply of British pounds curve in the franc-pound market

Correct Answer:

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