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  • 14-03-2024
  • Business
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c. Money growth is 2% in Mexico and output growth is 5% in Mexico. Spain has money growth of 6% and output growth of 8%. What is the depreciation rate of the Mexican peso? (3 points) Dep Rate of Arg. Peso = (2%-5%) - (6%-8%) Dep Rate of Arg. Peso = (-7%) - (-2%) =-5%

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