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Author Question: By the 2000s, investment banks had become significant participants in the secondary market for ... (Read 116 times)

Sportsfan2111

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on: Jun 29, 2018
By the 2000s, investment banks had become significant participants in the secondary market for mortgages.
 
  Indicate whether the statement is true or false

Question 2

If the price level in the United States is 110, the price level is 135 in Mexico, and the nominal exchange rate is 12.5 pesos per dollar, what is the real exchange rate from the U.S. perspective?
 
  A) 8.8 B) 10.2 C) 10.8 D) 11.4


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cupcake16

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Reply #1 on: Jun 29, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


Sportsfan2111

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

Chelseyj.hasty

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

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