Question: o Question 9 (4 points) The term purchasing power parity (PPP) describes an exchange rate policy where the government usually allows the exchange rate to
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Question 9 (4 points) The term purchasing power parity (PPP) describes an exchange rate policy where the government usually allows the exchange rate to be set by the market, but in some cases, especially if the exchange rate seems to be moving rapidly in one direction, the central bank will intervene. A. True B. False (_) True __) False Question 10 (4 points) If $1.00 U.S. bought $1.40 Canadian dollars in 2006 and in 2010 it bought $1.00 Canadian dollar, then; \\ A) the U.S. dollar strengthened against the Canadian dollar. / B) the Canadian dollar weakened against the Canadian dollar. VL C) the U.S. dollar appreciated against the Canadian dollar. we D) the Canadian dollar appreciated against the U.S. dollarStep by Step Solution
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