× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
New Topic  
ice5192 ice5192
wrote...
Posts: 822
Rep: 0 0
6 years ago
Purchasing power parity holds if
A) inflation is low so purchasing power increases.
B) real wage rates adjust so that purchasing power is the same across all countries.
C) prices of all goods in the world economy were equal, corrected for nominal exchange rates.
D) countries are small and underdeveloped.
E) purchases are made in the short run and long run.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
Read 104 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
C
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1100 People Browsing
Related Images
  
 229
  
 250
  
 212
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352

Previous poll results: Who's your favorite biologist?