If Purchasing-Power Parity Holds,a Dollar Will Buy

question 72

Multiple Choice

If purchasing-power parity holds,a dollar will buy

• A)one unit of each foreign currency.
• B)foreign currency equal to the U.S.price level divided by the foreign country's price level.
• C)enough foreign currency to buy as many goods as it does in the United States.
• D)None of the above is implied by purchasing-power parity.

---

Definitions:

Delinquent Behavior

Delinquent behavior refers to actions, often performed by juveniles, that violate societal norms and laws and are subject to legal penalties.

Independent Variable

In research, a variable that is manipulated to determine its causal effect on a dependent variable.

Helping Process

A systematic method of assistance that involves assessing needs, setting goals, and providing support or interventions.

Program Evaluation

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