Purchasing-Power Parity Implies That the Nominal Exchange Rate Given as Foreign

question 79

Multiple Choice

Purchasing-power parity implies that the nominal exchange rate given as foreign currency per unit of U.S.currency must rise if the price level(s) in

• A)foreign countries rise.
• B)the United States rises.
• C)all countries rise.
• D)all countries fall.

---

Definitions:

We-viewpoint

The we-viewpoint is a communication strategy that emphasizes inclusivity and team-oriented perspectives, often used to create a sense of unity and shared goals.

Goodwill

An intangible asset that represents the value of a business's reputation, brand, and customer relations.

Topic

The subject or theme that is being discussed or addressed in a conversation, piece of writing, or study.

Emphasize

To give special importance or prominence to something within a communication context.