This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A nominal depreciation of the Mexican peso (against all currencies) indicates that A) the peso ... (Read 83 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
on: Jun 30, 2018
A nominal depreciation of the Mexican peso (against all currencies) indicates that
 
  A) the peso price of foreign currency has fallen.
  B) the Mexican real exchange rate will not change if the price level in Mexico falls.
  C) the peso price of, for example, the U.K. pound has increased.
  D) the number of units of foreign currency that one can obtain with one peso has decreased.

Question 2

With the real wage on the vertical axis and the unemployment rate on the horizontal axis, we know that
 
  A) the WS curve is upward sloping.
  B) the WS curve is downward sloping.
  C) the PS curve is upward sloping.
  D) the PS curve is downward sloping.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

KKcool

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

B


ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jun 30, 2018
Wow, this really help

strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Mexican Hairless Dog Mexican Hairless Dog
Swimming in a Mexican coral reef Swimming in a Mexican coral reef
A Mexican red-kneed tarantula Brachypelma smithi A Mexican red-kneed tarantula Brachypelma smithi
Mexican mole lizard Mexican mole lizard
Mexican Food Mexican Food
Mexican Tetra (Blind Fish) Mexican Tetra (Blind Fish)
Video: Embryonic development - Week 4

For a complete list of videos, visit our video library