If You Go to the Bank and Notice That a Dollar

question 355

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

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"Place"

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