Economics: Principles, Problems, and Policies, 19th Edition

by McConnell, Campbell R.; Brue, Stanley L.; Flynn, Sean M.

Published by McGraw-Hill Education

ISBN 10: 0073511447

ISBN 13: 978-0-07351-144-3

Chapter 22 - Immigration - Problems - Page 469: 1a

Answer

$5$ USD per day.

Work Step by Step

We convert $12$ pesos to USD dollars: $60\text{ pesos}\div 12\text{ pesos/dollar} = 5\text{ dollars}$

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