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Author Question: Suppose that the exchange rate between Mexican pesos and dollars is 8 pesos per dollar. If the ... (Read 166 times)

burchfield96

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on: Jun 30, 2018
Suppose that the exchange rate between Mexican pesos and dollars is 8 pesos per dollar. If the exchange rate goes to 6 pesos per dollar, it would tend to:
 a. decrease U.S. exports to Mexico.
 b. increase U.S. exports to Mexico.
 c. increase Mexican exports to the United States.
  d. both (a) and (c)

Question 2

Unexpected inflation harms both debtors and individuals who live on fixed incomes.
 a. True
  b. False
  Indicate whether the statement is true or false


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carolinefletcherr

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

False


burchfield96

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

Chelseyj.hasty

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

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