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 67 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
Excellent

cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Mexican butterwort (P. moranensis) Mexican butterwort (P. moranensis)
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 - Tacos with French fries Mexican food - Tacos with French fries
Video: Global warming and its effect on climate change

For a complete list of videos, visit our video library