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PaisleyPPx · 2019年11月17日

问一道题:NO.PZ2018062003000200

问题如下:

When the real exchange rate( assuming domestic currency is price currency and foreign currency is base currency) increased, which of the followings is most likely to be associated with an decrease?

选项:

A.

Nominal exchange rate.

B.

Domestic price level.

C.

Foreign price level.

解释:

B is correct.

The formula of real exchange rate is :

Real exchange rate (d/f) =Sd/f×(Pf/Pd){}_{(d/f)\text{ }}=S_d/f\times(P_f/P_d)

An decrease in the domestic price level increases the real exchange rate because it implies an decrease in the purchasing power of the domestic currency compared to foreign currency.

考点: exchange rate

解析: Real exchange rate (d/f) =Sd/f×(Pf/Pd){}_{(d/f)\text{ }}=S_d/f\times(P_f/P_d)

根据上述公式,较高的Nominal exchange rate,较高的Foreign price level,以及较低的Domestic price level会产生较高的Real exchange rate

老师 这个公式出现在讲义第几页。

1 个答案

源_品职助教 · 2019年11月17日

嗨,从没放弃的小努力你好:


P351,利率评价理论里。


-------------------------------
虽然现在很辛苦,但努力过的感觉真的很好,加油!


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