The Idea That the Exchange Rate Adjusts to Keep Buying

question 19

Multiple Choice

The idea that the exchange rate adjusts to keep buying power constant among currencies is called:

• A) the unbiased forward rates condition.
• B) uncovered interest rate parity.
• C) the international Fisher effect.
• D) purchasing power parity.
• E) interest rate parity.

Understand the features distinguishing urban and rural areas, including environmental and lifestyle differences.

Recognize strategies for creating urban open spaces and controlling land use.

Acknowledge the role of governmental and non-governmental entities in urban planning and sprawl management.

Understand the principles of new urbanism in promoting sustainable urban design.