Examlex
Suppose that the price of a plasma TV is $1,200 in the United States and 13,200 pesos in Mexico. If the current exchange rate is 10 pesos to the dollar, then purchasing power parity theory would predict that in the long run
Justification
The action of showing something to be right or reasonable, often by providing supporting evidence or reasoning.
Premise
An initial assertion that paves the way for a conclusion or inference to be made.
Justification
Providing sufficient reasons, evidence, or arguments to support a claim, belief, or action as valid or acceptable.
Premise
An assertion or proposition which forms the basis for a work's conclusion; in logic, it is the antecedent of an argument.
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