If the US interest rate is 4 per year and the Mexico interest ...

[student77]

If the US interest rate is 4 per year and the Mexico interest rate is 9 per year, which of the following is true:
 a. The dollar will depreciate 5 in one year.
  b. The peso will appreciate 9 in one year.
  c. The peso will depreciate 5 in one year.
  d. The dollar will appreciate 9 in one year.

Question 2

____ are defined as costs which are incurred regardless of the alternative action chosen in a decision-making problem.
 a. Opportunity costs
  b. Marginal costs
  c. Relevant costs
  d. Sunk costs
  e. None of the above

[kjohnson]

Answer to Question 1

c

Answer to Question 2

d

[student77]

Gracias!

[amcvicar]

Excellent