If a cup of coffee costs 2 euros in Paris and $6 in New York and purchasing-power parity holds, what is the exchange rate?

A. If a cup of coffee costs 2 euros in Paris and $6 in New York and purchasing-power parity holds, what is the exchange rate?

 

a. 1/4 euro per dollar

b. 1/3 euro per dollar

c. 3 euros per dollar

d. 4 euros per dollar

B. T he theory of purchasing-power parity says that higher inflation in a nation causes the nation’s currency to _________, leaving the _________ exchange rate unchanged.

a. appreciate; nominal

b. appreciate; real

c. depreciate; nominal

d. depreciate; real

C. I n the model just developed, two markets determine two prices, which are

a. the nominal exchange rate and the nominal interest rate.

b. the nominal exchange rate and the real interest rate.

c. the real exchange rate and the nominal interest rate.

d. the real exchange rate and the real interest rate.

D. Other things equal, an increase in the U.S. net capital outflow _________ the demand for loanable funds and _________ the supply of dollars in the market for foreign currency exchange.

a. increases; increases

b. increases; decreases

c. decreases; increases

d. decreases; decreases

Calculate p(0) such that p(y) is normalised.

A PCM transmitter sends out a 12-bit serial digital signal with 5 V corresponding to a 1 and 0 V corresponding to a 0. The signal passes over a transmission….

estimate the probable number of errors if 1600 bits of information are transmitted.

Ten measurement signals are input to a multiplexer so that each one is sampled twice per second. The multiplexed signal is input to a serial digital transmitter incorporating a 10-bit….

Calculate the cost per equivalent unit of material and conversion cost for January

Calculate the cost per equivalent unit of material and conversion cost for January – using the Weighted Average Approach Units Materials Conversion Work in process January 1 2,500 50% 35%….