gooberthebear8955
gooberthebear8955
26.02.2020 • 
Business

A large increase in the income level in Mexico along with no growth in the U.S. income level is normally expected to cause (assuming no change in interest rates or other factors) a(n) in Mexican demand for U.S. goods, and the Mexican peso should .a. decrease; appreciate
b. increase; depreciate
c. decrease; depreciate
d. increase; appreciate

Solved
Show answers

Ask an AI advisor a question