If the Rate of Inflation in the U

question 39

Multiple Choice

If the rate of inflation in the U.S. is twice the rate in Japan,

• A) purchasing power parity will not be attained.
• B) the yen/dollar exchange rate is likely to decrease.
• C) the yen/dollar exchange rate is likely to increase.
• D) the exchange rate will not change because inflation has no effect on exchange rates.

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Definitions:

Gantt Chart

A visual project management tool that displays tasks or activities against time.

PERT Chart

is a project management tool used to schedule, organize, and coordinate tasks within a project, standing for Program Evaluation and Review Technique.

Critical Path Method

A project management technique that identifies the longest sequence of dependent tasks and calculates the shortest possible project duration.

Program Evaluation

The systematic collection and analysis of information about the activities, characteristics, and outcomes of programs to make judgments about them, to improve effectiveness, and/or to inform decisions about future programming.