Purchasing Power Parity More Likely Occurs Under All the Following

question 71

Multiple Choice

Purchasing power parity more likely occurs under all the following conditions except

• A)low transportation costs.
• B)a non-convertible currency.
• C)more non-tradable goods.
• D)more open to imports.
• E)flexible prices.

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Definitions:

Effort Made

The amount of physical or mental energy expended towards accomplishing a task or goal.

Primary Reinforcers

Stimuli that satisfy basic survival needs and thus have intrinsic value, such as food, water, and warmth.

Biological Needs

Fundamental requirements that organisms must satisfy to maintain life, such as food, water, and shelter.

Learned Desire

A preference or craving developed through experience or conditioning rather than inherent or instinctual.