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PLease answer A-C and EVen numbered questions . Thank you Name/ I.D. Number: Section: Date: Part 4. Economics Equations and Graphs 1. Use the following
PLease answer A-C and EVen numbered questions . Thank you
Name/ I.D. Number: Section: Date: Part 4. Economics Equations and Graphs 1. Use the following information to answer questions (A) - (C) 6. Use the following graph to answer questions (A) \& (B). A. Between Thursday and Friday, did the U.S. dollar appreciate or depreciate against the Russian ruble? Why? B. Between Thursday and Friday, did the U.S. dollar appreciate or depreciate against the Brazilian real? Why? C. Between Thursday and Friday, did the U.S. dollar appreciate or depreciate against the Indian rupee? Why? The demand for Mexican Pesos in graph (a) is linked to the supply of U.S. Dollars in graph (b): When Americans demand pesos, they supply dollars. The supply of pesos in graph (a) is linked to the demand for dollars in graph (b): 2. If 1 (Yen) equals $0.0093, what does $1 equal? when Mexicans demand dollars, they supply pesos. A. What happens in the market for Pesos when the dollar price per peso is 3. If $1 equals 7.7 krone (Danish), what does 1 krone equal? $0.12 instead of $0.10 (as shown in graph a)? Shortage Or Surplus of Pesos? In that case, Is the Peso Appreciating Or Depreciating vis--vis the U.S. Dollar? (Circle your answers). Why? 4. If $1 equals 31 rubles, what does 1 ruble equal? 5. If the exchange rate is $0.08=1MXN, what is the cost in dollars of a B. What happens in the market for U.S. Dollar when the Peso price per dollar Mexican table priced at 500 pesos? is 8 Pesos instead of 10 Pesos (as shown in graph b)? Shortage Or Surplus of the U.S. Dollar? In that case, is the U.S. Dollar Appreciating Or Depreciating vis--vis the Mexican Peso? (Circle your answers). WhyStep by Step Solution
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