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ice5192 ice5192
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Posts: 822
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6 years ago
According to purchasing power parity, the relationship among the domestic price (P), the foreign price
(P*), and the nominal exchange rate (e), can be written as
A) P = e - P*.
B) P = P* - e.
C) P = eP*.
D) P = e/P*.
E) e = P/P*.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
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6 years ago
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