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Ao9 Ao9
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9 years ago
If purchasing power parity holds, the exchange rate (e) can be expressed as a function of the domestic price (P) and the foreign price (P*) as
A) e = P* - P.
B) e = P* + P.
C) e = P - P*.
D) e = P/P*.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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9 years ago
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Ao9 Author
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#2
9 years ago
Wow!!
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#3
9 years ago
Glad to help...
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