If You Go to the Bank and Notice That a Dollar

question 66

Multiple Choice

If you go to the bank and notice that a dollar buys more Mexican pesos than it used to, then the dollar has

• A) appreciated. Other things the same, the appreciation would make you less likely to travel to Mexico.
• B) appreciated. Other things the same, the appreciation would make you more likely to travel to Mexico.
• C) depreciated. Other things the same, the depreciation would make you less likely to travel to Mexico.
• D) depreciated. Other things the same, the depreciation would make you more likely to travel to Mexico.

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Definitions:

Breeder Reactor

A nuclear reactor designed to produce more fissile material than it consumes, typically using uranium-238 or thorium-232.

Coolant

A substance, typically a liquid or gas, used to reduce or regulate the temperature of a system or component.

Plutonium

A radioactive chemical element used as fuel in nuclear power plants and in the manufacture of nuclear weapons.

Nitrogen

A chemical element with symbol N and atomic number 7, making up 78% of the Earth's atmosphere by volume; it is a vital component of amino acids, proteins, and nucleic acids.