The table below shows indexes for the price levels for Canada and the United States and the nominal exchange rate between their currencies (the Canadian-dollar price of 1 U.S.dollar) .
TABLE 34-2
-Refer to Table 34-2.The value of Canada's purchasing power parity (PPP) exchange rate in 2011 was
Definitions:
Social Stability
The condition in which a society maintains consistent, orderly, and predictable social patterns, relationships, and behaviors.
Social Change
The transformation over time of cultural norms and social structures, which can result from internal processes or external pressures and significantly affects how societies function.
Functionalism
A theoretical perspective in sociology and anthropology that interprets society as a structure with interrelated parts designed to meet the biopsychosocial needs of individuals in that society.
Conflict Theory
A theoretical framework in sociology that emphasizes the social, political, or material inequality of a social group, critiquing the broad socio-political system.
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