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5.On October 29, 1995, the Mexican government announced a new economic plan, which called for the government to boost the economy by cutting taxes and

5.On October 29, 1995, the Mexican government announced a new economic plan, which called for the government to boost the economy by cutting taxes and spending. The plan also included an agreement among business, labor, and government representatives to limit wage and price increases. How do you think the peso responded to this announcement? What about the Mexican stock market? Explain.

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