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Figure 19.1 -Referring to Figure 19.1, If the Exchange Rate Is Currently

Question 1

Multiple Choice

Figure 19.1
Figure 19.1    -Referring to Figure 19.1, if the exchange rate is currently 11 pesos per dollar, then we expect the dollar to ________ and the peso to ________. A)  depreciate; depreciate B)  depreciate; appreciate C)  appreciate; depreciate D)  appreciate; appreciate
-Referring to Figure 19.1, if the exchange rate is currently 11 pesos per dollar, then we expect the dollar to ________ and the peso to ________.


A) depreciate; depreciate
B) depreciate; appreciate
C) appreciate; depreciate
D) appreciate; appreciate

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