From 1973 through 2016, the rise in the British price level relative to the U.S. price level is ____ with a rise in the value

Question

wolverine [178]

4 years ago

6

From 1973 through 2016, the rise in the British price level relative to the U.S. price level is ____ with a rise in the value

of the dollar. Over shorter periods, the PPP relationship _____ appear to hold.

Business

1 answer:

babunello [35] · Answer 1 · 2021-12-10T09:10:10+03:00

Answer:

the available options for this question are,

A. associated; does not

B. associated; also does

C. not associated; does

and the correct answer is option B. associated; also does.

the purchasing power means the ability of a currency unit to purchase a specific amount of goods and services and this is directly in line with the internal inflation rate of an economy.

Explanation:

From 1973 through​ 2016, the rise in the British price level relative to the U.S. price level is​ ____ with a rise in the value

From 1973 through 2016, the rise in the British price level relative to the U.S. price level is ____ with a rise in the value