If the Absolute PPP Suggest That the Yen to U

question 4

Multiple Choice

If the absolute PPP suggest that the yen to U.S.dollar is 84.50 and the actual exchange rate in New York is 85.50 Yen/$,then:

• A) The Japanese yen is overvalued.
• B) The U.S. dollar is overvalued
• C) The U.S. dollar is undervalued
• D) Exchange rates and absolute PPP are unrelated.

---

Definitions:

Full Meal

A complete meal typically including a protein source, vegetables, grains, and sometimes dessert, aimed at satisfying dietary needs and preferences.

Continuous Positive Airway Pressure (CPAP)

A treatment method for sleep apnea that involves wearing a mask over the nose and/or mouth that delivers a constant stream of air to keep the airways open during sleep.

Deep Levels of REM

Phases within Rapid Eye Movement (REM) sleep that involve more intense brain activity and are thought to be crucial for memory consolidation and mood regulation.

Bedtime Routine

A series of activities done consistently before going to bed to signal the body it’s time to sleep.