Author Question: We expect PPP to hold better A) for annual data than monthly data. B) for high-inflation ... (Read 81 times)

Marty · **on:** Jun 30, 2018

We expect PPP to hold better

A) for annual data than monthly data.
B) for high-inflation countries.
C) in the long run.
D) All of the above.

Question 2

Refer to the figure above. If A imposes a per unit tariff of 10 on imports from both B and C, it will import

A) 400 units from B.
B) 200 units from C.
C) 200 units from each.
D) 400 units from B and 200 units from C.