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

Author Question: Purchasing power parity exists when domestic currency: a. maintains a fixed exchange rate with ... (Read 178 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
on: Jun 30, 2018
Purchasing power parity exists when domestic currency:
 a. maintains a fixed exchange rate with foreign currency.
  b. is not convertible into foreign currency.
  c. buys more goods at home than abroad.
  d. buys as many goods at home as it does abroad.
  e. appreciates in value against foreign currency.

Question 2

Whenever there is a deficit in the current account, the capital account:
 a. will be negative.
 b. will be positive.
 c. will be zero.
 d. could be negative, positive, or zero.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

swimkari

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


BrownTown3

  • Member
  • Posts: 564
Reply 2 on: Jun 30, 2018
Gracias!

abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Hormonal regulation of digestion rate in the stomach and small intestine. Hormonal regulation of digestion rate in the stomach and small intestine.
A, Unequal pupils; B, dilated, fixed pupils. A, Unequal pupils; B, dilated, fixed pupils.
For this bimolecular reaction, the rate constant k is second order For this bimolecular reaction, the rate constant k is second order
How to convert units of any rate to another (Part 3) How to convert units of any rate to another (Part 3)
The level of future emissions is closely linked to the rate of population growth The level of future emissions is closely linked to the rate of population growth
The radius of the Sun is 6.95 × 108 m. It radiates heat at the rate of 5.32 x 10 The radius of the Sun is 6.95 × 108 m. It radiates heat at the rate of 5.32 x 10
Video: HIV replication/ Replication cycle of HIV

For a complete list of videos, visit our video library