AP Macroeconomics - Exchange Rate

1

Assume the exchange rate from Mexican pesos to American dollars is 8 pesos to $1.

If a bushel of wheat is 12 pesos in Mexico, how many bushels in Mexico could $1200 buy?

2

Assume the exchange rate from Mexican pesos to American dollars is 8 pesos to $1.

If a bushel of wheat is 12 pesos in Mexico, how many bushels in Mexico could $1200 buy?

3

Assume the exchange rate from Mexican pesos to American dollars is 8 pesos to $1.

If a bushel of wheat is 12 pesos in Mexico, how many bushels in Mexico could $1200 buy?

4

A country with a high rate of return on investments will likely see which of the following?

5

A country with a high rate of return on investments will likely see which of the following?

6

A country with a high rate of return on investments will likely see which of the following?

7

Choose the correct statement about exchange rates.

8

Choose the correct statement about exchange rates.

9

Choose the correct statement about exchange rates.

Exchange Rate