An easy way to determine if a currency is undervalued at a point ...

[londonang]

An easy way to determine if a currency is undervalued at a point in time is to use the model of purchasing power parity.
 
  Indicate whether the statement is true or false

Question 2

Which of the following events illustrates the law of demand: Other things remaining the same, a rise in the price of a good will ________ .
 
  A. decrease the quantity demanded of that good
  B. increase the demand for a substitute of that good
  C. decrease the demand for the good
  D. increase the demand for a complement of that good

[matt]

Answer to Question 1

FALSE

Answer to Question 2

A The law of demand is the inverse relationship between the price of a good and the quantity demanded.

[londonang]

Thanks for the timely response, appreciate it

[bblaney]

Gracias!