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Currently we are experiencing significant inflation in the US. Suppose the inflation rate in the US increases relative

Posted: Wed Mar 09, 2022 8:28 am
by answerhappygod
Currently we are experiencing significant inflation in the US.
Suppose the inflation rate in the US increases relative to
Mexico. We would predict that:
The exchange rate of Dollars/Peso would rise and the equilibrium
amount of Pesos would rise.
The exchange rate of Dollars/Peso would fall and the equilibrium
amount of Pesos would rise.
The exchange rate of Dollars/Peso would fall and the equilibrium
amount of Pesos would fall.
The exchange rate of Dollars/Peso would rise and the equilibrium
amount of Pesos would rise, fall or stay the same.