17- A Big Mac in Japan costs 400 yen while it costs $4.50 in the U.S.. The nominal exchange rate is 100 yen per dollar. What would both make the real exchange rate move towards purchasing-power parity?

17- A Big Mac in Japan costs 400 yen while it costs $4.50 in the U.S.. The nominal exchange rate is 100 yen per dollar. What would both make the real exchange rate move towards purchasing-power parity?

18- The Fed sets the interest that borrowers pay on loans from

a. the discount window and the term auction facility

b. the term auction facility but not the discount window

c. neither the discount window nor the term auction facility

d. the discount window but not the term auction facility

 

 

 

 

answer:

Add Comment
0 Answer(s)
  • Votes
  • Oldest

Your Answer

By posting your answer, you agree to the privacy policy and terms of service.