Suppose the real exchange rate of 10 Mexican pesos to the dollar changes to 9 pesos to the dollar. In this situation, the dollar has __________________, making American goods __________ expensive for Mexicans

A) appreciated; less
B) appreciated; more
C) depreciated; less
D) depreciated; more

C

Economics

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The interest rate on a bond is

A) inversely related to its price. B) directly related to its price. C) determined by its face value. D) determined by the time to maturity.

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In a market economy, government decides the answers to the three economic decisions

a. True b. False Indicate whether the statement is true or false

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