A Good in the U

question 43

Multiple Choice

A good in the U.S.costs $20.The same good costs 150 pesos in Mexico.If the nominal exchange rate is 10 pesos per dollar,what is the real exchange rate?

• A)4/3 so the good is more expensive in the U.S.
• B)4/3 so the good is more expensive in Mexico
• C)3/4 so the good is more expensive in the U.S.
• D)3/4 so the good is more expensive in Mexico

---

Definitions:

False Alarm

An event in which a warning or alert is given, but the anticipated threat or danger does not actually occur.

Signal Detection Task

A psychological test that measures the ability to differentiate between information-bearing patterns (signals) and random patterns that distract from the information (noise).

Hit

In the context of data or searches, a hit refers to a successful match or retrieval of information that corresponds to a specific query.

Difference Threshold

The minimum difference in stimulation that a person can detect 50% of the time, also known as the just noticeable difference (JND).