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iogann1982 [59]
3 years ago
10

When the Mexican government changes the fixed exchange rate of the peso relative to the U.S. dollar from 1.5 (pesos/U.S. dollar)

to 3.0 (pesos/U.S. dollar), the peso is ________. When the foreign exchange market changes the equilibrium exchange rate of the euro relative to the U.S. dollar from 1.15 (U.S. dollars/euro) to 1.30 (U.S. dollars/euro), the euro is ________.
a. Revaluated; appreciatedb. Appreciated; devaluatedc. Devaluated; depreciatedd. Appreciated; revaluatede. Devaluated; appreciated
Business
1 answer:
Sunny_sXe [5.5K]3 years ago
5 0

Answer:

The answer is: E) devaluated; appreciated

Explanation:

A currency devaluation happens when  a country´s currency is deliberately adjusted downward to make it lose value relative to another currency. If this downward adjustment happens in the foreign exchange market and is not deliberately done by a government, is called currency depreciation.  

A currency revaluation happens when a government deliberately adjusts the value of its currency upwards to make it gain value relative to another currency. When this upward adjustment happens in a foreign exchange market and is not deliberately done by a government, is called currency appreciation.

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Discuss how new technologies make it easier to learn. how do they facilitate transfer of training?
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3 0
1 year ago
Why does an unsecured loan have a higher interest rate than a secured loan?
salantis [7]
The banker has a set amount he or she can say yes it ok for the loan .
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6 0
2 years ago
Read 2 more answers
​J&amp;A Corporation has a monthly target operating income of $ 45 comma 900. Variable expenses are 10​% of sales and monthly fi
rewona [7]

Answer:

1.37

Explanation:

Given that

Operating income = $45,900

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The calculation of operating​ income is shown below:-

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= $63,000

So, Operating leverage = Contribution margin ÷ Operating income

= $63,000 ÷ $45,900

= 1.37

4 0
3 years ago
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