Question 47 The theory of purchasing power parity says: Answer a. The real exchange rate is always greater than one b. The real exchange rate is always less than one c. The dollar price of a basket of goods in the U.S. should equal the yen price of a basket of goods in Japan d. A dollar should buy the same goods no matter where in the world you go

Question 47
The theory of purchasing power parity says:
Answer
a. The real exchange rate is always greater than one
b. The real exchange rate is always less than one
c. The dollar price of a basket of goods in the U.S. should equal the yen price of a basket of goods in Japan
d. A dollar should buy the same goods no matter where in the world you go

find the cost of your paper