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nata0808 [166]
3 years ago
12

Holding all else constant, an increase in preferences by Mexicans for U.S. goods will ______ the demand for dollars in the forei

gn exchange market and ______ the equilibrium Mexican peso/U.S. dollar exchange rate.
A. increase;increase
B. increase;decrease
C. decrease;decrease
D. decrease; increase
Business
1 answer:
Finger [1]3 years ago
4 0

Answer:

D. Increase; increase

Explanation:

Exchange rate is defined as the amount of one currency that can be exchanged for another currency at a particular time.

Demand and supply affects exchange rates of currencies.

Currencies that are in more demand tend to have higher exchange rates, while those with low demand will have low exchange rate.

In this instance an increase in preference for US goods will cause an increased demand for dollars. The dollar becomes stronger against the Peso.

It will take more pesos to purchase the dollar, so equillibrum exchange rate of peso to dollar will increase.

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Answer:

It is convenient for Jenna to buy her computer when the price is more elastic and the Offer of the good is large, because the greater the supply of a good, the lower the price and with the elastic demand. It means that the price varies in proportion to the the demand and supply of the good would have the price of convenience that the computer should buy.

The order of Jenna's computer is as follows:

* Jenna's work computer broke down and she needs a new one or else she can't work.

It is inelastic in this regard because Jenna needs the computer immediately and will not expect a variation in market prices.

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The purchase of the computer can wait two days, since although you need it to spend time with your friends, it is not extremely necessary.

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The purchase of the computer can wait therefore the demand becomes more elastic

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3 years ago
________ refers to the demand and availability of an occupation.
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2 years ago
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madam [21]

Answer: true

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2 years ago
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Sinking fund bonds: A. Are bearer bonds. B. Are registered bonds. C. Require equal payments of both principal and interest over
monitta

Answer:

The answer is D.

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