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Author Question: If absolute PPP held, then the real exchange rate must be equal to A) a constant. B) one. C) ... (Read 19 times)

hbsimmons88

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on: Jun 30, 2018
If absolute PPP held, then the real exchange rate must be equal to
 
  A) a constant.
  B) one.
  C) zero.
  D) a positive number.

Question 2

The U.S. factor of production that is most likely to be made worse off because of NAFTA (because its factor payment will fall) is
 
  A) unskilled labor.
  B) skilled labor
  C) capital
  D) All of the above will be made worse off.


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SomethingSomething

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


hbsimmons88

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  • Posts: 526
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

raili21

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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