This topic contains a solution. Click here to go to the answer

Author Question: If absolute PPP held, then the real exchange rate must be equal to A) a constant. B) one. C) ... (Read 65 times)

hbsimmons88

  • Hero Member
  • *****
  • Posts: 526
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SomethingSomething

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

B

Answer to Question 2

A




hbsimmons88

  • Member
  • Posts: 526
Reply 2 on: Jun 30, 2018
Wow, this really help


nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

For a complete list of videos, visit our video library