What will be the likely effect of an increase in the demand for American goods in the markets of Mexico on the demand for dollars and the exchange rate between dollars and pesos?
What will be an ideal response?
An increase in the demand for American goods in the markets of Mexico will result in an increase in the demand for dollars. This will cause the dollar to appreciate and the peso to depreciate.
Economics
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The Food Stamp program provides
a. quality labels on food b. cash transfers to the poor c. cash transfers to the elderly d. vouchers that can be redeemed for food e. food deliveries to the elderly
Economics
The money income of households consists of all the following, except:
A. Wages B. Profits C. Interest D. Revenues
Economics