If the equilibrium exchange rate is 15 pesos per dollar and the central bank fixes the exchange rate at 17 pesos per dollar then we can conclude that the peso is
(a) appreciated.
(b) depreciated.
(c) overvalued.
(d) undervalued.
Question 2
What are the critical health challenges facing developing countries today and what measure(s) are being taken to confront these challenges? Explain your answer.
What will be an ideal response?