According to the Purchasing Power Parity Theory,a Rise in the United

question 128

Multiple Choice

According to the purchasing power parity theory,a rise in the United States price level of 5 percent,and a rise in the Mexican price level of 6 percent cause

• A)the dollar to appreciate 1 percent relative to the peso.
• B)the dollar to depreciate 1 percent relative to the peso.
• C)the dollar to depreciate 5 percent relative to the peso.
• D)the dollar to appreciate 5 percent relative to the peso.

---

Definitions:

Talus Slopes

Accumulations of broken rock fragments at the base of cliffs, steep slopes, or valley shoulders.

Slopes Fail

Instances where a slope collapses or slides due to gravitational pull and other factors like water saturation or seismic activity.

Rock Slide

A slab of relatively intact rock that detaches from bedrock and slides downhill, shattering as it moves.

Rotational Slide

A slide in which shearing takes place on a well-defined, curved shear surface, concave upward, producing a backward rotation in the displaced mass; synonymous with slump.