If the Exchange Rate Is Initially $1 = 12

question 17

Multiple Choice

If the exchange rate is initially $1 = 12.95 pesos but changes to $1 = 15 pesos, then the dollar has _____ and the price in Mexico of a $10,000 U.S.-built Harley Davidson motorcycle has _____.

• A) depreciated; decreased
• B) depreciated; increased
• C) appreciated; increased
• D) appreciated; decreased

---

Definitions:

Cardiovascular Disease

A group of disorders affecting the heart or the blood vessels, which encompasses conditions like coronary artery disease, hypertension, and stroke.

Set-Points

The theory that each person's body has a predetermined or natural weight that it seeks to maintain through various physiological mechanisms.

Genetics

The study of heredity and the variation of inherited characteristics.

Ethnicity

Shared cultural practices, perspectives, and distinctions that set apart one group of people from another, based on heritage, language, religion, and social experiences.