If the exchange rate is such that $1 equals 10 Mexican pesos, then the price of a peso is
A) $10.
B) $1.
C) $0.20.
D) $0.10.
Answer: D
Economics
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a. (i) only b. (iii) only c. (i) and (iii) only d. (ii) and (iii) only
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A. selling US securities. B. printing money. C. borrowing directly from the FED. D. borrowing directly from very large banks.
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