Multiple Choice
If you go to the bank and notice that a dollar buys more Mexican pesos than it used to, then the dollar has
A) appreciated. Other things the same, the appreciation would make you less likely to travel to Mexico.
B) appreciated. Other things the same, the appreciation would make you more likely to travel to Mexico.
C) depreciated. Other things the same, the depreciation would make you less likely to travel to Mexico.
D) depreciated. Other things the same, the depreciation would make you more likely to travel to Mexico.
Correct Answer:

Verified
Correct Answer:
Verified
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