Which of the Following Statements Is the Most Accurate

question 24

Multiple Choice

Which of the following statements is the most accurate?

• A) In the long run, national price levels play a minor role in determining both interest rates and the relative prices at which countries' products are traded.
• B) In the long run, national price levels play a key role only in determining interest rates.
• C) In the long run, national price levels play a key role only in determining the relative prices at which countries' products are traded.
• D) In the long run, national price levels play a key role in determining both interest rates and the relative prices at which countries' products are traded.
• E) In the long run, national price levels play no role in determining interest rates and the relative prices at which countries' products are traded.