If the USInflation Rate Is 3 Percent Annually and the Swiss Inflation

question 80

Multiple Choice

If the U.S.inflation rate is 3 percent annually and the Swiss inflation rate is 5 percent annually,by what percent would the dollar price of francs need to change according to purchasing power parity?

• A) Depreciate by 5 percent
• B) Appreciate by 3 percent
• C) Appreciate by 5 percent
• D) Depreciate by 2 percent
• E) Appreciate by 2 percent.

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Definitions:

Universal-Linguistic Theory

A theory suggesting that there are innate, universal grammar rules shared across all human languages, proposed by linguist Noam Chomsky.

Learning Theory Approach

A perspective focusing on how individuals acquire new behaviors and knowledge through interactions with the environment, emphasizing the role of reinforcement and observation.

Telegraphic Speech

A stage in early child language development characterized by two-word sentences that express essential ideas, resembling the succinctness of a telegram.

Prelinguistic Speech

Vocalizations made by infants before they acquire language, including crying, cooing, and babbling.