Business, 06.08.2019 23:30, mathman783

If purchasing-power parity between france and the u. s. holds, but then u. s. prices rise, a. the real exchange rate is below its purchasing-power parity value. a decrease in the nominal exchange rate can move it back. b. the real exchange rate is above its purchasing-power parity value. an increase in the nominal exchange rate can move it back. c. the real exchange rate is below its purchasing-power parity value. an increase in the nominal exchange rate can move it back. d. the real exchange rate is above its purchasing-power parity value. a decrease in the nominal exchange rate can move it back.

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If purchasing-power parity between france and the u. s. holds, but then u. s. prices rise, a. the re...