3321EconomicsMedium
PPP is?
Aa measure of income inequality
BGDP divided by exchange rate
Ca theory that tells us that exchanged rates between currencies are in equilibrium when their purchasing power is the same in both countries
Da measure of infant mortality in developing countries
Correct answer
C. a theory that tells us that exchanged rates between currencies are in equilibrium when their purchasing power is the same in both countries
Explanation
The correct answer is a theory that tells us that exchanged rates between currencies are in equilibrium when their purchasing power is the same in both countries.