Author Question: Referring to Figure 19.1, Mexican goods will become more expensive in the United States if the ... (Read 60 times)

viki · **on:** Jun 29, 2018

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.