The exchange rate between thePakistan Rupee was 1.04 = $1 in November 2012 whereas the exchange rate between the Pakistan Rupee was 1.14 = $1 in November 2011. Therefore the exports of the very tasty Pakistan mangoes to the US domestic market in 2012(relative to 2011)

a. Were cheaper for US consumers

b .Were more expensive for US consumers

c. Pakistan mango producers sellmany moremangoes now

d. We cannot tell

Return On Equity (ROE) for a bank is the ratio of

a.Capital over assets

b.Profits over assets

c.Profits over equity/capital

d.The difference between liabilities and assets for the bank