Which of the Following Statements Is NOT a Reason for Explaining

question 40

Multiple Choice

Which of the following statements is NOT a reason for explaining the deviations from PPP?

• A) Some goods are not tradeable.
• B) Markets are imperfect and there could be legal obstacles.
• C) Prices can be sticky in different countries.
• D) There are no transportation costs.

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Definitions:

Retrieval Cues

Stimuli that help you recall or access memories.

John Kennedy's Assassination

The event on November 22, 1963, when John F. Kennedy, the 35th President of the United States, was fatally shot in Dallas, Texas.

Retrieval Cue

Any stimulus or bit of information that aids in retrieving particular information from long-term memory.

Lake Erie

One of the Great Lakes in North America, known for being the fourth largest by surface area and the eleventh largest globally in terms of volume.