Examlex
Which of the following reasons can explain why purchasing power parity doesn't hold?
Simple Rate
An interest calculation method where interest is not compounded on earned interest, instead applied only on the principal amount.
Principal Plus Interest
It is the total amount due that includes the original amount borrowed (principal) in addition to the charged interest on that principal.
Cheque Accounting
The handling and record-keeping of cheques within the accounting practices of an individual or organization.
Interest Earning
Relates to the income generated from investing or depositing funds in interest-bearing financial instruments.
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