In Practice, Many U

Multiple Choice

In practice, many U.S. import prices tend to rise by only around

A) 1/4 of a typical dollar depreciation over the following year.
B) 1/3 of a typical dollar depreciation over the following year.
C) 1/2 of a typical dollar depreciation over the following year.
D) 2/3 of a typical dollar depreciation over the following year.
E) 2/5 of a typical dollar depreciation over the following year.