Multiple Choice
According to purchasing-power parity, if prices in the United States increase by a larger percentage than prices in Poland, then
A) the real exchange defined as Polish goods per unit of U.S. goods rises.
B) the real exchange defined as Polish goods per unit of U.S. goods falls.
C) the nominal exchange rate defined as Polish currency per dollar rises.
D) the nominal exchange rate defined as Polish currency per dollar falls.
Correct Answer:

Verified
Correct Answer:
Verified
Q10: Suppose a lobster supper in Maine costs
Q32: Suppose that the nominal exchange rate is
Q46: Other things the same,if a country saves
Q61: The price of a basket of goods
Q70: If the number of Japanese yen a
Q100: An increase in U.S.sales of movies to
Q152: During some year a country had exports
Q213: A Peruvian firm purchases construction equipment made
Q216: Which of the following is an example
Q222: If the real exchange rate is less