Under Purchasing Power Parity, where P is pricelevel and E$/E is exchange rate (the price of USD perEUR)
A) E$/P = PUS/PE.
B) E$/E = PUS/PE.
C) E$/E = PUS - PE.
D) E$/E = PE/PES.
E) E$/E = PUS + PE.
Under Purchasing Power Parity, where Pi is a price forgood i. P is price level and E$/E is exchange rate (the priceof USD per EUR)
A) E$/E = PiUS/PiE.
B) E$/E = PiE/PiUS.
C) E$/E = PUS/PE.
D) E$/E = PE/PES.
E) E$/E = PiE + PiUS/PiE.
Under Purchasing Power Parity, where P is price level and E$/E is exchange rate (the price of USD per EUR) A) E$/P = PUS
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