Relative purchasing power parity occurs when
A) purchasing power parity holds between every two countries.
B) purchasing power parity only holds in recessions.
C) the nominal exchange rate is constant.
D) the real exchange rate is constant.
D
Economics
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The Commodity Credit Corporation was created by the
a. Federal Reserve Act b. United States Constitution c. Agricultural Adjustment Act d. New Deal e. Great Society
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The term used to describe the situation in which government spending causes interest rates to increase and private sector investment to fall is
a. negative feedback b. crowding out c. positive pressure d. transfer of burden e. investment shift
Economics