If the dollars is of dollars to pesos is $1 10 pesos, then the exchange rate of
ID: 1118415 • Letter: I
Question
If the dollars is of dollars to pesos is $1 10 pesos, then the exchange rate of pesos to 100 pesos= $1 b, a. 10 pesos = S1 c. d, 1 peso=$1 1 peso= $.10 33.If $1 10 pesos today, an increase in the value of the dollar would be reflected by which of the following exchange rates? a. $1=15 pesos b. $1-5 pesos c. 1 peso=$10 d. B and C above 34. The Fed can manipulate the value of the dollar and exchange rates. To increase the value of the dollar relative to pesos, the Fed would a. Sell dollars for pesos b. Buy pesos with dollars c. Buy dollars with pesos d. All of the above 35. Which of the following would NOT occur in the U.s. if the value of the dollar increases? a. Exports become more expensive b. Imports become less expensive c. Net exports will not change d. Exports will decrease, and imports will increase 36. Maintaining a fixed exchange rate would a. Require central banks to buy and sell currencies regularly b. Help control inflationary pressures c. Provide greater political and economic stability d. All of the above 37. If an imported item from China cost $20 today in the U.S., what would happen to the price of the item if the dollar depreciated in value relative to the Chinese Yuan? Its price would a. Decrease to $15 b. Rise to $25 c. Stay the same d. All of the above are possible 38. When two or more countries utilize the same currency, it is referred to as a a. Monetary agreement b. Currency agreement c. Monetary union d. Currency union 9. From China's perspective relative to aiding their national economy, and their recent actions reflect, their efforts have been to a. Let the value of the Yuan float freely b. Allow for the Yuan to depreciate in value c. Work to increase the value of the Yuan d. Decrease the value of the dollarExplanation / Answer
32) d is correct.
If 1 dollar is exchanged for 10 pesos then 1 pesos can be exchanged for 1/10= 0.1 dollar.
33) a is correct
Increase in value of dollar means 1 dollar can be exchanged for more pesos.
34) c
By buying dollar with pesos it increases the supply of pesso and when supply increases the value of pesos falls or dollar value rises.
35) c
Net exports is the difference between exports and imports. Increase in value of dollars implies that other country has to pay more for US goods and US has to pay less for foreign goods. Therefore exports fall and imports rise. Net exports fall.
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