微信扫一扫
实时资讯全掌握
| With respect to forecasting exchange rates, combining purchasing power parity (PPP) and relative economic strength for a more complete theory is: A. not appropriate because both purchasing power parity and relative economic strength are long-term forecasting tools. B. appropriate because purchasing power parity pertains to long-run equilibrium and relative economic strength adjusts to short-term announcements. C. appropriate because purchasing power parity pertains to short-run announcements and relative economic strength adjusts to long-run equilibrium. |