Answer:
E. Mexican products would be more expensive, while U.S.-made products would become comparatively less expensive.
Explanation:
Imagine the following scenario:
- USD: united states dollar
- There is no cost in shipping or transport
if the fixed relation is 2 MXN = 1 USD. Say you want to buy a TV that costs 200MXN in Mexico or 100USD in the US. That means that buying a TV costs the same in each country.
Now suppose that the TV price in Mexico, due to inflation, changes to MXN 300.
If you had 300MXN in your wallet, you could:
- use MXN 200 to buy 100USD and use those to buy the TV, and have MXN 100 left, to buy other stuff.
- or
- you could buy the TV in Mexico, you would expend all the money.
That mean that, with the same amount of MXN you can buy more things in the US than in Mexico.
Another way to think about this is.
Say you are a mexican, if there is high inflation, the price of everything will rise, if you considder the exchange rate as another price that means that everything will cost more, except the US Dollar, which will stay in the same price
Explanation:
If richer regions can attract more investment than poorer regions because of their larger ex ante tax bases, then fiscal federalism adversely affects the growth prospects of poorer regions by reducing the resources available for either central or regional governments to fund valuable projects in poorer regions.Often geographical constraints, market imperfections, government policies, a lack of law & order, identity, per capita income and various socio-economic reasons can contribute to regional disparity such that some regions are more backward than other areas falling within the same nation
(hope it helps)
As children engage in role taking, the ME forms.
According to George Herbet Mead, the self is divided into two. First is the "I". It develops first. Second is the "me" and it takes form during the three stages of self-development
(Preparatory stage, play stage, and game stage).
Role taking is under the preparatory stage of the self.
Answer:
B. To pay for government programs and operations.
Explanation:
