Question: state whether the following statements are true, false or uncertain, and support your claim in a few sentences. 1. The nominal exchange rate between the

state whether the following statements are true, false or uncertain, and support your claim in a few sentences. 1. The nominal exchange rate between the U.S. dollar and the Mexican peso is 15.5 pesos per dollar, so Americans could visit Mexico cheaply. 2. Although the financial market expects the Canada-US nominal exchange rate to depreciate, investors are indifferent between the bonds in the two countries 3. A temporary positive supply shock will shift the IS curve up to the left, resulting in a higher interest rate and lower aggregate output temporarily. Your

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