Purchasing Power Parity, Macroeconomics

Assume that a Mazda 2 sells for 16,000 Australian dollars in Australia and 10,000 Canadian dollars in Canada If purchasing-power parity holds, what is the Canadian dollar/Australian dollar exchange rate? How many Australian dollars will a Canadian dollar buy?
Posted Date: 10/1/2012 4:38:03 AM | Location : United States







Related Discussions:- Purchasing Power Parity, Assignment Help, Ask Question on Purchasing Power Parity, Get Answer, Expert's Help, Purchasing Power Parity Discussions

Write discussion on Purchasing Power Parity
Your posts are moderated
Related Questions
Explain how inflation unemployment trade off is not feasible under adaptive expectations?


How can a country maintain equilibrium GDP with foreign trade?

Granting a loan: When commercial banks lend, they create money. This can be explained by extending the hypothetical example of Bank

1. Consider a natural monopoly. I. Show graphically and discuss how price and quantity are set by the natural monopolist. II. Define the areas corresponding to the consumers'

How does an increase in income affect a consumer's budget line and their total utility?

What are the general principles about marginal and average total cost curves? General principles which are always true concerning a firm’s marginal and average total cost curve

What is the difference between accounting profit and economic profit? Accounting Profit: The accounting profit of a business is the revenue of business minus the explicit

If a country allows trade and, for a certain good, the domestic price without trade is lower than the world price. A) the country will be an exporter of the good. B) the country

Figure below demonstrates a more developed version of the circular flow. In this figure we see how goods flow through various sectors of the economy. Figure Money in the c