Purchasing Power Parity Says That

question 70

Multiple Choice

Purchasing power parity says that:

• A) differences in inflation rates between countries should have no impact on the exchange rate between those countries.
• B) differences in inflation rates between countries will create changes in exchange rates.
• C) the changes in exchange rates move independently from inflation.
• D) for inflation to change the exchange rate, the rate of inflation has to be the same between countries.

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Definitions:

Empowerment

The process of becoming stronger and more confident, especially in controlling one's life and claiming one's rights.

Marginalized

Refers to individuals or groups that are pushed to the edge of society by not having the same access to resources, rights, and opportunities as others, often resulting in decreased status and power.

Cultural Sensitivity

The awareness, understanding, and respect of cultural differences, aiming to minimize bias and promote inclusion.

Marginalized

Refers to those individuals or groups that are denied involvement in mainstream economic, political, cultural, and social activities.