If the parity ratio goes from 0.8 to 0.7, it means that the prices received by farmers had:
A. Fallen by 12.5% relative to the prices they paid
B. Fallen by 10% relative to the prices they paid
C. Risen by 12.5% relative to the prices they paid
D. Risen by 10% relative to the prices they paid
A. Fallen by 12.5% relative to the prices they paid
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? A country would tend to experience currency appreciation relative to other countries if:
a. the profitability of investments within the country increases relative to the rest of the world. b. people in the foreign currency markets expect the value of the currency to rise in the near future. c. the foreign demand for its exports increases. d. all of the above
All __________ are required to be insured by the Federal Deposit Insurance Corporation
A) commercial banks B) savings banks C) national banks D) state banks that are not members of the Federal Reserve
Quantitative evidence from Fishlow, Fogel and Mercer indicates that
a. antebellum railroads were built ahead of demand, but post-bellum transcontinentals were not. b. post-bellum transcontinentals were built ahead of demand, but antebellum railroads were not. c. both antebellum railroads and post-bellum railroads were built ahead of demand. d. antebellum railroads were not built ahead of demand, but the evidence on post-bellum railroads is mixed.
U.S. law requires that parity price ratios be maintained at 100 percent
Indicate whether the statement is true or false