If Mexicans increase their investment in the US, the supply of Mexican pesos to the foreign exchange market and the dollar price of the peso will most likely change in which of the following ways?
(a) Increase ...... Increase
(b) Increase ...... Decrease
(c) Decrease ...... Increase
(d) Decrease ...... Decrease
(e) Decrease ...... Not change
Ans: (b) Increase ...... Decrease
You might also like to view...
Peg's Manicure Manor did 4,000 sets of nails in 2015 and 4,500 sets of nails in 2016. The price of a set of nails was $20 in 2015 and $22 in 2016. If 2015 is the base year, Peg's contribution to nominal GDP in 2015 was ________ and to real GDP in 2015 was ________.
A. $80,000; $80,000 B. $80,000; $88,000 C. $88,000; $90,000 D. $80,000; $99,000
If a firm adds one more worker and total output increases from 100 to 120, the marginal product of labor equals
a. 220. b. 120. c. 100. d. 20.
In the pre-World War I period, the United Kingdom imported mainly
A) manufactured goods. B) services. C) primary products including agricultural. D) technology intensive products. E) from the United States.
Interest rate differentials can cause rapid fluctuations in short-run exchange rates
a. True b. False Indicate whether the statement is true or false