Suppose the exchange rate is 10 pesos per dollar and you use $1000 to purchase a one-year Mexican bond that pays 10% interest. Next year, the exchange rate is 11 pesos per dollar

Assuming you convert your funds back to U.S. dollars, how much money will you have in one year?
A) $1000
B) $1100
C) $91
D) $0


A

Economics

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Suppose that the United States decided to subsidize a major competitive effort by the semiconductor industry to bring to market the next generation computer chip. Under the current rules of the WTO and GATT, the U.S. effort is

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If government spending were to increase we expect that the aggregate demand curve will:

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Economics

The opportunity cost of an action includes: a. the monetary expenses incurred as a result of the action

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Economics