Examlex
The sensitivity of an option's value to a change in the risk-free rate is measured by the option rho.
Exports
Goods and services produced in one country and sold to buyers in another, contributing to a country's GDP.
Purchasing-Power Parity
An economic theory that compares different countries' currencies through a "basket of goods" approach to assess their purchasing power equivalence.
Inconsistency
Lack of coherence or uniformity in actions, statements, or conditions.
Purchasing-Power Parity
An economic theory that compares different countries' currencies through a "basket of goods" approach to evaluate the relative purchasing power of the countries.
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