Compared to a Situation in Which There Is No Change

question 147

Multiple Choice

Compared to a situation in which there is no change in the value of the dollar relative to the peso,in which of the following situations would you be worse off?

• A)you borrow 10,000 pesos,you earn income in dollars,the dollar appreciates against the peso,you must pay back the loan in pesos
• B)you borrow $10,000,you earn income in pesos,the dollar depreciates against the peso,you must pay back the loan in dollars
• C)you borrow $10,000,you earn income in pesos,the dollar appreciates against the peso,you must pay back the loan in dollars
• D)you borrow 10,000 pesos,you earn income in pesos,the dollar depreciates against the peso,you must pay back the loan in pesos

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Definitions:

Native Americans

Indigenous peoples of the Americas, including various tribes and nations, who lived on the continent before European colonization and have distinct cultures, languages, and histories.

Revolutionary Cause

Represents a movement or series of actions aiming for radical change in society's structure, often involving overthrowing a government or societal norms.

Revolution

A significant change, often political, brought about by force or through social movements, resulting in a new societal structure.

American Colonists

The European settlers and their descendants who established colonies in what is now the United States, particularly before independence from Britain.