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Author Question: If absolute PPP held, then the real exchange rate must be equal to A) a constant. B) one. C) ... (Read 30 times)

hbsimmons88

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on: Jun 30, 2018
If absolute PPP held, then the real exchange rate must be equal to
 
  A) a constant.
  B) one.
  C) zero.
  D) a positive number.

Question 2

The U.S. factor of production that is most likely to be made worse off because of NAFTA (because its factor payment will fall) is
 
  A) unskilled labor.
  B) skilled labor
  C) capital
  D) All of the above will be made worse off.


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SomethingSomething

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


hbsimmons88

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

ghepp

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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