In Equilibrium, According to the Balassa-Samuelson Effect, the Real Exchange

question 109

Multiple Choice

In equilibrium, according to the Balassa-Samuelson effect, the real exchange rate is:

• A) always equal to 1.
• B) never equal to 1.
• C) often equal to 1.
• D) not necessarily equal to 1.

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Definitions:

Field

The component of a database in which the database stores each category of information.

Multidimensional Database

A database that stores data from different perspectives, called dimensions, and organizes data in cube format.

Cube

A three-dimensional geometric figure with six square faces, all of equal size, and eight vertices.

Consistency Check

In a database, compares the values of data in two or more fields to see if those values are reasonable.