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Author Question: A shift of the U.S. demand curve for Mexican pesos to the left and a decrease in the pesos price per ... (Read 111 times)

corkyiscool3328

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on: Jun 30, 2018
A shift of the U.S. demand curve for Mexican pesos to the left and a decrease in the pesos price per dollar would likely result from:
 a. an increase in the U.S. inflation rate relative to the rate in Mexico.
  b. a change in U.S. consumers' tastes away from Mexican products and toward products made in South Korea, India, and Taiwan.
  c. U.S. buyers perceiving that domestically-produced products are of a lower quality than products made in Mexico.
  d. all of these.

Question 2

The consumption function has a positive slope.
 a. True
  b. False
  Indicate whether the statement is true or false


brittiany.barnes

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


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corkyiscool3328

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Reply #2 on: Jun 30, 2018
Correct answers!


brittiany.barnes

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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