When the Nominal Exchange Increases from 10

question 131

Multiple Choice

When the nominal exchange increases from 10.5 pesos per dollar to 10.8 pesos per dollar,the dollar has

• A) appreciated.
• B) depreciated.
• C) become overvalued.
• D) become undervalued.
• E) been devalued.

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Definitions:

Politics Of Respectability

A strategy used by marginalized groups to police their own members' behaviors to be acceptable by dominant cultural norms, in hopes of countering negative stereotypes.

White Neighborhoods

are residential areas predominantly inhabited by white individuals, often characterized by racial homogeneity and socio-economic status.

Supermarkets

Large retail market stores that specialize in selling a wide range of food and household products, often under one roof.

Minority Inhabited Areas

Geographic regions predominantly occupied by individuals from racial or ethnic minority groups.