Suppose That Real Incomes Increase More Rapidly in the United

question 94

Multiple Choice

Suppose that real incomes increase more rapidly in the United States than in Mexico.In the United States, this situation would likely result in a(n)

• A) increase in the demand for pesos.
• B) decrease in the demand for pesos.
• C) increase in the supply of pesos.
• D) decrease in the supply of pesos.