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Home Q & A Board Other Fields Homework Help Business Economics
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Tidy Tidy
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9 years ago
If the exchange rate changes from $0.08 = 1 mexican peso to $0.09 = 1 mexican peso, then
A) both the peso and dollar have appreciated.
B) both the peso and dollar have depreciated.
C) the peso has appreciated and the dollar has depreciated.
D) the peso has depreciated and the dollar has appreciated.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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9 years ago
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Tidy Author
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9 years ago
This helped my grade so much Perfect
noodlelicker
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Yesterday
Thanks for your help!!
mcraver1
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2 hours ago
Brilliant ツ
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