When the exchange rate for the Mexican peso changes from 10 pesos to the U.S dollar to 9 pesos to the U.S. dollar, then the Mexican peso has ________ and the U.S. dollar has ________

Which among the following situations refers to a zero-sum game?

A) Two nations trying to strengthen their diplomatic relations B) A business firm deciding upon the terms of partnership C) Two players playing a single game of chess D) Two teams deciding on the rules of a game

When the nominal interest rate rises, the

A) quantity of money demanded decreases. B) demand for money decreases. C) demand for money increases. D) quantity of money demanded increases.