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Explain Why G − T = (Sg − I) − (X − M). - Economics

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प्रश्न

Suppose the exchange rate between the Rupee and the dollar was Rs. 30=1$ in the year 2010. Suppose the prices have doubled in India over 20 years while they have remained fixed in USA. What, according to the purchasing power parity theory will be the exchange rate between dollar and rupee in the year 2030.

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उत्तर

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अध्याय 6: Open Economy Macroeconomics - Exercises [पृष्ठ १०१]

APPEARS IN

एनसीईआरटी Economics Introductory Macroeconomics [English] Class 12
अध्याय 6 Open Economy Macroeconomics
Exercises | Q 15 | पृष्ठ १०१

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