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Author Question: Suppose the exchange rate between the United States and Mexico changed from $1 =120 pesos to $1 = ... (Read 95 times)

shofmannx20

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on: Apr 19, 2019

Question 1

The fall in value of the British pound relative to the Japanese yen is a(n)


◦ depreciation of the pound.
◦ appreciation of the pound.
◦ weakening of the yen.
◦ floating of the yen.

Question 2

Suppose the exchange rate between the United States and Mexico changed from $1 =120 pesos to $1 = 100 pesos, which of the following statements is 
true?


◦ The dollar appreciated.
◦ The peso appreciated.
◦ The price of peso in dollars increased.
◦ The price of the dollar in pesos decreased.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by shofmannx20 on Apr 19, 2019

Anton

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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shofmannx20

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

dantucker

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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