The CPI in Holland is 124, and the CPI in Israel is 186. If absolute purchasing power parity holds then the Euro/Shekel exchange rate should be
A) 0.667.
B) 1.5.
C) 2.6.
D) cannot be determined by the information given.
A
Economics
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Refer to the figure above. When the demand curve for flash drives is D and the supply curve of flash drives is S1, the equilibrium price is:
A) $3. B) $4. C) $5. D) $7.
Economics
Explain the traditional interest-rate channel for expansionary monetary policy. Explain how a tight monetary policy affects the economy through this channel
What will be an ideal response?
Economics