Author Question: If absolute PPP holds, then the real exchange rate must equal 1. Indicate whether the statement ... (Read 64 times)

cartlidgeashley

  • Hero Member
  • *****
  • Posts: 572
If absolute PPP holds, then the real exchange rate must equal 1.
 
  Indicate whether the statement is true or false

Question 2

The international capital market is
 
  A) the place where you can rent earth moving equipment anywhere in the world.
  B) a set of arrangements by which individuals and firms exchange money now for promises to pay in the future.
  C) the arrangement where banks build up their capital by borrowing from the Central Bank.
  D) the place where emerging economies accept capital invested by banks.
  E) exclusively concerned with the debt crisis that ended in the 1990s.



connor417

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

TRUE

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

For a complete list of videos, visit our video library