开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)｜3.2.5(安卓)APP下载

返回

kevinzhu · 2020年01月06日

问一道题：NO.PZ2018062003000200

  1. CFA I
  2. Economics Analysis

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

 实际汇率=名义汇率*外国的物价指数/本国的物价指数, 这里“foreign currency is price currency and domestic currency is base currency”

assuming domestic currency is price currency and foreign currency is base currency的意思就变成了“本国的物价指数/外国的物价指数”？

添加评论
1 个答案

源_品职助教 · 2020年01月07日

嗨，爱思考的PZer你好：


 

assuming domestic currency is price currency and foreign currency is base currency 的意思是用D/F这种形式标价。
也就是本币在标价货币的位置，而外币在基础货币的位置。


-------------------------------
就算太阳没有迎着我们而来，我们正在朝着它而去，加油！


  • 1

    回答

  • 0

    关注

  • 375

    浏览
相关问题

NO.PZ2018062003000200 问题如下 When the reexchange rate( assuming mestic currenis pricurrenan foreign currenis base currency) increase whiof the followings is most likely to associatewith crease? A.Nominexchange rate. B.mestic prilevel. C.Foreign prilevel. B is correct.The formula of reexchange rate is :Reexchange rate (f) =Sf×(Pf/P{}_{(f)\text{ }}=S_f\times(P_f/P_(f) ​=S/f×(Pf​/P) crease in the mestic prilevel increases the reexchange rate because it implies crease in the purchasing power of the mestic currencompareto foreign currency.考点 exchange rate解析 Reexchange rate (f) =Sf×(Pf/P{}_{(f)\text{ }}=S_f\times(P_f/P_(f) ​=S/f×(Pf​/P)根据上述公式，较高的Nominexchange rate，较高的Foreign prilevel，以及较低的mestic prilevel会产生较高的Reexchange rate 这道题应该是用这张图的公式。我是不是可以认为，mestic prilevel就是CPI(？

2023-06-27 11:37 1 · 回答

NO.PZ2018062003000200 问题如下 When the reexchange rate( assuming mestic currenis pricurrenan foreign currenis base currency) increase whiof the followings is most likely to associatewith crease? A.Nominexchange rate. B.mestic prilevel. C.Foreign prilevel. B is correct.The formula of reexchange rate is :Reexchange rate (f) =Sf×(Pf/P{}_{(f)\text{ }}=S_f\times(P_f/P_(f) ​=S/f×(Pf​/P) crease in the mestic prilevel increases the reexchange rate because it implies crease in the purchasing power of the mestic currencompareto foreign currency.考点 exchange rate解析 Reexchange rate (f) =Sf×(Pf/P{}_{(f)\text{ }}=S_f\times(P_f/P_(f) ​=S/f×(Pf​/P)根据上述公式，较高的Nominexchange rate，较高的Foreign prilevel，以及较低的mestic prilevel会产生较高的Reexchange rate 另外视频讲解中没有说base currency和pricurrency的概念，这个请帮忙下概念

2022-07-15 09:21 1 · 回答

NO.PZ2018062003000200 mestic prilevel. Foreign prilevel. B is correct. The formula of reexchange rate is : Reexchange rate (f) =Sf×(Pf/P{}_{(f)\text{ }}=S_f\times(P_f/P_(f) ​=S/f×(Pf​/P) crease in the mestic prilevel increases the reexchange rate because it implies crease in the purchasing power of the mestic currencompareto foreign currency. 考点 exchange rate 解析 Reexchange rate (f) =Sf×(Pf/P{}_{(f)\text{ }}=S_f\times(P_f/P_(f) ​=S/f×(Pf​/P) 根据上述公式，较高的Nominexchange rate，较高的Foreign prilevel，以及较低的mestic prilevel会产生较高的Reexchange rate实际利率上升，名义利率不变，通货膨胀率下降，本币升值，所以base currency上升，另外那个就下降，这样理解对吗

2021-07-20 18:59 3 · 回答

NO.PZ2018062003000200 pricurren和 base currency分别是比例里的哪个啊 举个例子

2021-04-26 21:45 1 · 回答

NO.PZ2018062003000200 所以reexchange rate是默认 price/base吗 还是看具体题目要求？

2021-04-22 12:24 2 · 回答