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CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY
Pretest
Question 9
9
lesson pretest
Multiple Choice
Pretest
Question 9 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY
If investors can earn 10 percent interest in an account in Mexico but just 3 percent in the United States, those investors will most likely
Answer
A
want to invest in Mexico, which will cause the peso to appreciate.
B
want to invest in Mexico and cause the exchange rate to rise.
C
continue to invest in the United States and have no effect on the exchange rate.
D
try to do anything possible to keep the exchange rate from changing.
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