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

---

Definitions:

Primary Sources

Original documents, records, or artifacts that provide direct evidence or firsthand accounts of historical events, research, or data.

Case Law

The rules of law announced in court decisions. Case law interprets statutes, regulations, constitutional provisions, and other case law.

Jurisprudence

The science or philosophy of law.

Legal Thought

The body of thought concerning the analysis, interpretation, and application of laws.