Explain Why Exchange Rate Model Based on PPP Is a Long

question 59

Essay

Explain why exchange rate model based on PPP is a long run theory.

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Definitions:

StringIndexOutOfBoundsException

An exception in Java that is thrown to indicate that an index is either negative or greater than the size of the string.

ParseInt

A method in Java that converts a string into an integer value, throwing an exception if the string cannot be converted.

Exception Object

An instance of or an object that represents an error or an exceptional event that disrupts the normal flow of a program's execution.

Throw Exception

A statement used in many programming languages to signal the occurrence of an unexpected or error condition.