The Theory That States That If the Exchange Rates of Two

question 122

Multiple Choice

The theory that states that if the exchange rates of two countries are in equilibrium, a product purchased in one will cost the same in the other, expressed in the same currency is referred to as:

• A)gross domestic product.
• B)human development index.
• C)purchasing power parity.
• D)gross national product.
• E)potential output.

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Definitions:

Passionate Kiss

A deep and intense kiss often expressing romantic desire and strong emotions.

Glucose

A simple sugar and an important energy source in living organisms, also the main type of sugar in the blood.

Sodium

A chemical element with the symbol Na and atomic number 11, sodium is a soft, silvery-white, highly reactive metal that is a key component of table salt (sodium chloride).

Phenylalanine

an essential amino acid important for the biosynthesis of other proteins and amino acids in the body.