This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What effect do non-tradable goods have on PPP? What will be an ideal ... (Read 15 times)

BRWH

  • Hero Member
  • *****
  • Posts: 553
on: Jun 30, 2018
What effect do non-tradable goods have on PPP?
 
  What will be an ideal response?

Question 2

Eurodollar deposits arising from OPEC trade surpluses are called
 
  A) OECD-dollars.
  B) OPEC-dollars.
  C) petrodollars.
  D) None of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akpaschal

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 30, 2018
Answer to Question 1

The effect is quite substantial.
In 2006, the output of non-tradable goods accounted for about 46 of U.S. GNP. Along with haircuts, non-tradable goods include routine medical treatment, housing etc. For the most part, non-tradable goods are comprised of services, and the output of the construction industry. Non-tradable help explain much of the wide departure from PPP that is present in empirical data.

Answer to Question 2

C


BRWH

  • Member
  • Posts: 553
Reply 2 on: Jun 30, 2018
:D TYSM

mcarey591

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Is the principle of cause and effect unfounded? Is the principle of cause and effect unfounded?
Effect of Atmospheric Stability Effect of Atmospheric Stability
Effect of pH on drug absorption. (a) A weak acid such as aspirin (ASA) is in a nonionized form in an ... Effect of pH on drug absorption. (a) A weak acid such as aspirin (ASA) is in a nonionized form in an ...
Actions of mutM, mutT, and mutY gene products in countering the mutagenic effect of 8-oxoguanine -oG Actions of mutM, mutT, and mutY gene products in countering the mutagenic effect of 8-oxoguanine -oG
Effect of an Increase in Technological Progress Effect of an Increase in Technological Progress
The Dose-Effect Relationship, Showing (A) Drug Potency and (B) Drug Efficacy (Or Effectiveness) The Dose-Effect Relationship, Showing (A) Drug Potency and (B) Drug Efficacy (Or Effectiveness)
Video: Stress and Immune System Animation

For a complete list of videos, visit our video library