Question
Which of the following economic principles assumes that the real exchange rate is constant over time? a. Quantity theory of money b. Covered interest rate
Which of the following economic principles assumes that the real exchange rate is constant over time?
| a. | Quantity theory of money | |
| b. | Covered interest rate parity | |
| c. | Relative purchasing power parity | |
| d. | Uncovered interest rate parity |
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Microeconomics
Authors: Robert S. Pindyck, Daniel L. Rubinfeld
7th edition
8131725995, 8131725993, 978-8131725993
