Topic: Ch 22 or 35 Class Activity ( X The Fabulous Story of the Amery Course Hero 28886/discussion_topics/633134?module_item_id=2125281 Page of 11 ZOOM + Chapter 22 or 35. International Finance : Pre-Class & In-Class Activities Packet Name/ I.D. Number: Section: Date: Part 4. Economics Equations and Graphs 1. Use the following information to answer questions (A) - (C) . Use the following graph to answer questions (A) & (B). U.S. Dollar Equivalent Currency per U.S. Dollar BANCO DE MEXICO THE UNITED STATES OF AMPILIES 805040302 Y Thurs. Fri. Thurs. Fri. 20 VEINTE Russia (ruble) 0.0318 0.0317 31.4190 31.5290 Exchange Rate Exchange Rat icolar price [ paso price per peso) These two curves per dollar) Brazil (real) 0.3569 0.3623 2.8020 2.7601 are linked to each other Tre blaxican supply of pesos India (rupee) 0.0204 0.0208 48.9100 47.8521 mirrors the Mexican damand for dollars, 010 These two curves A. Between Thursday and Friday, did the U.S. dollar appreciate or are linked to each er. The U.S. depreciate against the Russian ruble? Why? demand for pesos X supply of dollars. DUso B. Between Thursday and Friday, did the U.S. dollar appreciate or Quantity of Pesos Quantity of Dollars depreciate against the Brazilian real? Why? (9) (b] Market for Pesos Market for Dollars C. Between Thursday and Friday, did the U.S. dollar appreciate or The demand for Mexican Pesos in graph (a) is linked to the supply of U.S. depreciate against the Indian rupee? Why? 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-a-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 = 1 MXN, 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? s 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-a-vis the Mexican Peso? (Circle your answers). Why