Author Question: If absolute PPP holds, then the real exchange rate must equal 1. Indicate whether the statement ... (Read 71 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?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

For a complete list of videos, visit our video library