MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
| 1. |
If PPP holds |
| A. | The nominal exchange rate will not change. |
| B. | The real exchange rate will not change. |
| C. | Both real and nominal exchange rates will not change. |
| D. | Both real and nominal exchange will move together |
| Answer» C. Both real and nominal exchange rates will not change. | |