Given a Home Country and a Foreign Country, Purchasing Power

question 43

Multiple Choice

Given a home country and a foreign country, purchasing power parity (PPP) suggests that:

• A) a home currency will depreciate if the current home inflation rate exceeds the current foreign interest rate.
• B) a home currency will appreciate if the current home interest rate exceeds the current foreign interest rate.
• C) a home currency will appreciate if the current home inflation rate exceeds the current foreign inflation rate.
• D) a home currency will depreciate if the current home inflation rate exceeds the current foreign inflation rate.

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Definitions:

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