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

Author Question: Purchasing power parity exists when domestic currency: a. maintains a fixed exchange rate with ... (Read 173 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
on: Jun 30, 2018
Purchasing power parity exists when domestic currency:
 a. maintains a fixed exchange rate with foreign currency.
  b. is not convertible into foreign currency.
  c. buys more goods at home than abroad.
  d. buys as many goods at home as it does abroad.
  e. appreciates in value against foreign currency.

Question 2

Whenever there is a deficit in the current account, the capital account:
 a. will be negative.
 b. will be positive.
 c. will be zero.
 d. could be negative, positive, or zero.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

swimkari

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


BrownTown3

  • Member
  • Posts: 564
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

coreycathey

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

A fixed action pattern elicited by a sign stimulus. A fixed action pattern elicited by a sign stimulus.
The schematic of a variable valve timing control circuit, showing that battery power (+) is being ... The schematic of a variable valve timing control circuit, showing that battery power (+) is being ...
Population growth rate % Population growth rate %
PV cells have potential for domestic and commercial use PV cells have potential for domestic and commercial use
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ... Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
Chloride and bicarbonate exchange in the renal tubules and effect of aldosterone on excretion of H+ Chloride and bicarbonate exchange in the renal tubules and effect of aldosterone on excretion of H+
Video: Carbon fixing adaptations Animation

For a complete list of videos, visit our video library