The Idea That Freely Floating Exchange Rates Equate the Buying

question 88

Multiple Choice

The idea that freely floating exchange rates equate the buying power of national currencies is called

• A) the equation of exchange.
• B) the balance of payments.
• C) Say's Law.
• D) the purchasing power parity theory.

---

Definitions:

Digital Identity

The online presence of an individual or organization, encompassing all the digital information and attributes associated with them.

Social Impressions

The number of times content is displayed on social media, regardless of clicks or engagement, providing insight into the reach of the content.

Social Footprint

The impact or presence an individual or organization has on social media platforms, measured by their activities, followers, and engagement levels.

Avatar

A digital representation or character that represents a user in virtual spaces or online platforms.