Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
New Topic  
Chako Chako
wrote...
Posts: 2948
8 years ago
Which of the following statements is the MOST accurate?
A) Relative PPP may be valid even when absolute PPP is not, provided the factors causing deviations from absolute PPP are more or less stable over different commodities space.
B) Absolute PPP may be valid even when relative PPP is not, provided the factors causing deviations from relative PPP are more or less stable over time.
C) Relative PPP is only valid when absolute PPP is valid, providing the factors causing deviations from relative PPP are more or less stable over time.
D) Relative PPP may be valid even when absolute PPP is not, provided the factors causing deviations from absolute PPP are more or less stable over time.
E) Relative PPP is not valid when absolute PPP is not.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
Read 121 times
3 Replies
Replies
Answer verified by a subject expert
machukianmachukian
wrote...
Top Poster
Posts: 2946
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Chako Author
wrote...
8 years ago
Good answer, thank you
wrote...
7 years ago
Happy to help you!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1300 People Browsing
Related Images
  
 719
  
 372
  
 268
Your Opinion