« previous next »

Author Question: A stereo system in Mexico costs 3,200 Mexican pesos. If the dollar price of one Mexican pesos is ... (Read 180 times)

future617RT

  • Hero Member
  • *****
  • Posts: 543
on: Jun 30, 2018
A stereo system in Mexico costs 3,200 Mexican pesos. If the dollar price of one Mexican pesos is 0.11, then the U.S. dollar value of the same stereo system is 352.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Other things equal, the currency price of U.S. dollars in terms of foreign currency is negatively related to foreign demand for U.S. goods and services.
 a. True
  b. False
  Indicate whether the statement is true or false


thall411

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Swimming in a Mexican coral reef Swimming in a Mexican coral reef
Digestive System Digestive System
Saturn’s Ring System Saturn’s Ring System
system equation system equation
Sadie is going to see a movie and is taking her four kids. each movie ticket costs $15 and ... Sadie is going to see a movie and is taking her four kids. each movie ticket costs $15 and ...
Complement System Complement System
Video: Apicomplexan life cycle Animation

For a complete list of videos, visit our video library