Question
question: According to Deaton (2013) what is the concept of the PPP exchange rate? a.The exchange rate which occurs after monetary policy intervention is taken
question: According to Deaton (2013) what is the concept of the PPP exchange rate?
a.The exchange rate which occurs after monetary policy intervention is taken into account.
b.The market exchange rate between two countries.
c.The exchange rate which makes a dollar worth the same in different countries.
d.The exchange rate needed to eliminate poverty at the UN mandate of $1.25 per day.
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Economics Principles and Policy
Authors: William J. Baumol, Alan S. Blinder
12th edition
978-0538453677, 538453672, 978-0538453622, 538453621, 978-0538453653
