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bedau bedau
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6 years ago
Suppose that U.S. and British inflation rates are equal, and $2 exchanges for 1 British pound. Then if U.S. inflation speeds up relative to British inflation, the PPP theory predicts ________ of the dollar, so that the pound will cost ________ than $2.
A) an appreciation, more
B) an appreciation, less
C) a depreciation, more
D) a depreciation, less
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Macroeconomics

Macroeconomics


Edition: 12th
Author:
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supersuinegsupersuineg
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bedau Author
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#2
5 years ago
c'est magnifique !
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