Author Question: If the US interest rate is 4 per year and the Mexico interest rate is 9 per year, which of the ... (Read 74 times)

student77 · **on:** Jul 1, 2018

If the US interest rate is 4 per year and the Mexico interest rate is 9 per year, which of the following is true:
a. The dollar will depreciate 5 in one year.
b. The peso will appreciate 9 in one year.
c. The peso will depreciate 5 in one year.
d. The dollar will appreciate 9 in one year.

Question 2

____ are defined as costs which are incurred regardless of the alternative action chosen in a decision-making problem.
a. Opportunity costs
b. Marginal costs
c. Relevant costs
d. Sunk costs
e. None of the above