Which of the Following Is an Economic Principle That States

question 36

Multiple Choice

Which of the following is an economic principle that states all identical goods in different markets must have the same price?

• A) Purchasing power parity
• B) Interest rate parity
• C) Law of one price
• D) Price swap parity

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Definitions:

Behavior Feedback Effect

The Behavior Feedback Effect is the phenomenon where an individual's behavior can influence their thoughts and feelings, which in turn impacts future behaviors.

Moebius Syndrome

A rare neurological disorder characterized by paralysis of the facial muscles and lack of eye movement.

Environmental Influences

External factors that affect an individual's development, behavior, and lifestyle choices.

Genetic Similarities

The degree to which the genetic makeup of an individual or group of individuals resembles that of another individual or group, often used in the study of heredity and inherited traits.