Referring to Figure 19.1, Mexican goods will become more ...

[viki]

Referring to Figure 19.1, Mexican goods will become more expensive in the United States if the exchange rate goes from ________ to ________ pesos to the dollar.
 
  A) 10; 13 B) 11; 13 C) 12; 11 D) 12; 13

Question 2

A bank has 200 of reserves and 4,000 of deposits. It is just meeting its desired reserves and has no excess reserves. Thus the desired reserve ratio is
 
  A) 25 percent. B) 10 percent. C) 5 percent. D) 200. E) 20 percent.

[harveenkau8139]

Answer to Question 1

C

Answer to Question 2

C

[viki]

TYSM

[amandanbreshears]

Excellent