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valputin valputin
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8 years ago
If the inflation rate in the United States is higher than that in Mexico and productivity is growing at a slower rate in the United States than in Mexico, then, in the long run, ________, everything else held constant.
A) the Mexican peso will depreciate relative to the U.S. dollar
B) the Mexican peso will either appreciate, depreciate, or remain constant relative to the U.S. dollar
C) the Mexican peso will appreciate relative to the U.S. dollar
D) there will be no effect on the Mexican peso relative to the U.S. dollar
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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8 years ago
This is great!
Our course uses > The Economics of Money, Banking and Financial Markets
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8 years ago
You're very welcome, valputin
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