In the Long Run,exchange Rates

question 71

Multiple Choice

In the long run,exchange rates

• A) are determined by business cycle fluctuations
• B) are determined by movements of hot money
• C) will adjust until the price of a bundle of goods is the same in both countries
• D) will reflect economic fluctuations in both countries
• E) are still a mystery to most economists

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Definitions:

Toilet Trained

The process by which a young child learns to use the toilet for urination and defecation independently.

Sleep-walker

An individual who walks or performs other complex behaviors while in a state of sleep.

Somnambulism

Sleepwalking.

Sleep-walking

A sleep disorder characterized by walking or performing other complex behaviors while in a state of sleep.