____1.The Peso appreciates by Php 1 against dollar
____2.A driver observes coral reefs at a depth of 8 meters
____3.Susan has a dept of Php 400
____4.The savings account gained an interest of Php 240.
____5.A cell phones value depriciated by Php 1,500 this year.
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____2.A driver observes coral reefs at a depth of 8 meters
____3.Susan has a dept of Php 400
____4.The savings account gained an interest of Php 240.
____5.A cell phones value depriciated by Php 1,500 this year.
Best Answer= Brainliest
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QUESTION:
____1.The Peso appreciates by Php 1 against dollar
ANSWER:
if peso value depreciates, eventually, all products prices will go high. The cost of foreign goods and services will go higher. Like for an instance, the travel cost going to other countries will become more expensive such as airline tickets, accommodations, meals, and other things which intentionally purchase abroad. Peso depreciation over dollar has a discouraging effect on importation since the importer will need more peso to pay the goods and other importation expenses. In this case, it is beneficial and advantage on the part of the foreign countries who are using dollars because they can buy more domestic products as they want at the lower price. Dollar is powerful when the value of peso drops and dollar exchange rates will go high. The depreciation of the peso will lower the cost of our goods thus more foreign businesses want to buy local products. It also benefit exporters because their peso revenues or income from their sales will increase and they can sell more products to foreign businesses.
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