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Last Week,13 Mexican Pesos Could Purchase One U

Question 12

Multiple Choice

Last week,13 Mexican pesos could purchase one U.S.dollar.This week,it takes 11 Mexican pesos to purchase one U.S.dollar.This change in the value of the dollar will ________ exports from the United States to Mexico and ________ U.S.aggregate demand.


A) increase; increase
B) decrease; decrease
C) increase; decrease
D) decrease; increase

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