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

Author Question: Explain briefly PPP and IRP. Why might the latter hold better than the former over time? What ... (Read 67 times)

sdfghj

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
Explain briefly PPP and IRP. Why might the latter hold better than the former over time?
 
  What will be an ideal response?

Question 2

Explain why East Asian countries have done so well relative to South American countries.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

tofugiraffe

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 30, 2018
Answer to Question 1

IRP holds better because financial asset prices adjust faster to new information than goods prices.

Answer to Question 2

Mainly, the reasons are: less moral hazard, less government debt to foreigners and smaller budget deficits in East Asian countries.


sdfghj

  • Member
  • Posts: 552
Reply 2 on: Jun 30, 2018
Wow, this really help

triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

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?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Adenosine, Time of Day, and Hunger Adenosine, Time of Day, and Hunger
Running time on 100-meter sprint for men and women master athletes increases with age. Source: Korho Running time on 100-meter sprint for men and women master athletes increases with age. Source: Korho
ESM Study of Time Spent with Family ESM Study of Time Spent with Family
Time Time
Healthier choices can be made when time is taken to read a nutrition label. Healthier choices can be made when time is taken to read a nutrition label.
Hold baby’s feet and bend legs, moving knees into the abdomen/chest and then straighten. Repeat ... Hold baby’s feet and bend legs, moving knees into the abdomen/chest and then straighten. Repeat ...
Video: Otitis Media

For a complete list of videos, visit our video library