If the Exchange Rate Changes So That More Mexican Pesos

question 144

Multiple Choice

If the exchange rate changes so that more Mexican pesos are required to buy a dollar, then

• A) the peso has appreciated in value.
• B) Americans will buy more Mexican goods and services.
• C) more U.S. goods and services will be demanded by the Mexicans.
• D) the dollar has depreciated in value.

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Definitions:

Aversive Conditioning

A method of behavior conditioning in which noxious stimuli are associated with undesirable or unwanted behaviors in order to discourage them.

Token Economy

A behavioral modification method that involves giving tokens as rewards for desired behaviors, which can later be exchanged for various privileges or treats.

Aversive Conditioning

A type of behavioral training in which an undesired behavior is associated with an unpleasant stimulus to reduce its occurrence.

Systematic Desensitization

A therapeutic method used in psychotherapy to gradually reduce phobia, anxiety, or fear by exposing a person to the feared object or context in a controlled manner.