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mbowdish mbowdish
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5 years ago

Question 1.

The 2017 price level in Great Britain was relatively higher than the price level in the United States. Thus, a U.S. manufacturing facility looking to buy coal for its plant would most likely buy coal at home in the United States.



▸ true

▸ false

Question 2.

An increase in Switzerland's interest rate and an increase in Switzerland's price level relative to U.S. price level have the same effect on the exchange rate between the two countries.



▸ true

▸ false
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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shamanieshamanie
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5 years ago
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mbowdish Author
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5 years ago
Thanks for your help!!
Jadakiss
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Thank you, thank you, thank you!
amandamraz
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This site is awesome
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