Which of the Following Is Not a Necessary Condition for a Flat

question 12

Multiple Choice

Which of the following is not a necessary condition for a flat BP curve?

• A)perfect capital mobility
• B)perfect asset substitutability
• C)fixed exchange rates
• D)floating exchanges rates
• E)Both C and D

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Definitions:

Distance

A measure of the space between two points, often used in various scientific and mathematical contexts.

Pearson Correlation Coefficient

Statistic measuring the linear relationship between two variables measured at the interval and/or ratio level of measurement.

Value

The degree of importance, worth, or usefulness of something.

Strength

In the context of data, it often refers to the magnitude or intensity of a relationship or effect among variables.