Better Grades in Less Time
-
You're Here:
-
clara bess's Blog
-
clara bess's Communities
-
Community memberships
-
clara bess's Files
- File Storage
(0 files)
- File Storage
Macroeconomic help please! (clara bess's Blog)
| View blog | Archive | Friends' blogs | View all posts
June 11, 2008
Suppose that the average price of goods in Europe rises from 100 in the year 2000 to 130 in the year 2010. Suppose that the average price of goods in the United States rises from 120 in the year 2000 to 140 in 2010. Suppose that the exchange rate in 2000 was 1 euro per dollar. If purchasing power parity held in 2000, what would purchasing power parity predict for the exchange rate in 2010?
Posted by clara bess
You must be logged in to post a comment.