Suppose the Exchange Rate Is 10 Pesos Per Dollar and You

question 11

Multiple Choice

Suppose the exchange rate is 10 pesos per dollar and you use $1000 to purchase a one-year Mexican bond that pays 10% interest. Next year, the exchange rate is 11 pesos per dollar. Assuming you convert your funds back to U.S. dollars, how much money will you have in one year?

• A)$1000
• B)$1100
• C)$91
• D)$0

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Definitions:

Nutrition Counselor

A specialist dedicated to advising individuals on optimizing their dietary intake and nutrition for health benefits, adapting recommendations to individual needs.

Stimulus Control

A behavior modification technique that involves changing the environment to reduce cues that trigger undesirable behavior and increase prompts for desired behavior.

Behavior Change

The process of transforming or modifying one's actions or reactions to achieve a specific outcome, often related to health.

Countering

Substituting healthy responses for problem behaviors.