Stanley Jevons accurately predicted the inevitable bankruptcy of England's coal industry

When PPP does not hold in the short run, economists have developed an alternative short run explanatory theory based on the idea that:

a. currency values are different from other prices, since currencies are not considered assets. b. currency values are influenced in the short run because they serve as short-term assets. c. currency values will eventually result in PPP over time, so no short-run theory is needed. d. currency values are set by government entities and the IMF so the value often does not result in PPP.

Which of the following is most closely related to the "fair results" approach to fairness?

A) efficient resource use B) having an equal income distribution C) voluntary exchange D) the command system of allocating resources E) price hikes in a natural disaster