Answer:
B
Explanation:
A currency appreciates when its value increases.
For example if $1 was exchanged for 50 pesos. After appreciation of the pesos, $1 would buy $25 pesos.
So more $2 would be needed to buy 50 peso after the appreciation when before the appreciation $1 was buying 50 pesos.
As a result Mexican goods would become more expensive to US consumers and the revenue earned by Mexican producers would increase
Answer:
$418
Explanation:
FV = $400,000. This is the amount you want to have in your retirement account 25 years from now
i/r = 8%/year = 0.67%/month. The interest that the account pays
n = 25 years = 25 x 12 = 300 months
PV = 0
PMT (The amount of monthly deposit required to achieve the target above. This is the missing value we need to calculate)
By using financial calculator, we obtain:
PMT = $418
Answer:
increases the number of dollars in the hands of the public and decreases the number of bonds in the hands of the public.
Explanation:
Open market operations is one of the tools used by regulatory agencies to control supply of cash in the economy. This is done to control economic indices like inflation and deflation.
During open market operations the regulatory body can sell securities to reduce cash in the economy or buy securities to increase cash supply.
In this instance an open market purchase involves buying of securities from the public. The public will have more cash on hand and less of the securities (bonds).
All of the above would be my answer
