Suppose that the exchange rate between Mexican pesos and dollars ...

[burchfield96]

Suppose that the exchange rate between Mexican pesos and dollars is 8 pesos per dollar. If the exchange rate goes to 6 pesos per dollar, it would tend to:
 a. decrease U.S. exports to Mexico.
 b. increase U.S. exports to Mexico.
 c. increase Mexican exports to the United States.
  d. both (a) and (c)

Question 2

Unexpected inflation harms both debtors and individuals who live on fixed incomes.
 a. True
  b. False
  Indicate whether the statement is true or false

[carolinefletcherr]

Answer to Question 1

b

Answer to Question 2

False

[burchfield96]

Thanks for the timely response, appreciate it

[elyse44]

Great answer, keep it coming