A: The Fisher Effect
B: The International Fisher Effect
C: Absolute Purchasing Power Parity
D: Relative Purchasing Power Parity
举一反三
- Which<br/>of these states that the difference in interest rates between two<br/>countries is equal to the percentage difference between the forward<br/>exchange rate and the spot exchange rate?() A: Arbitrage<br/>equilibrium B: Relative<br/>purchasing power parity C: Absolute<br/>purchasing power parity D: Interest<br/>rate parity E: Cross-rate<br/>parity
- _________________ refers to that nominal interest rates (i) in each country equal the required “real” rate of interest (r) and the expected rate of inflation over the period for which the funds are to be lent (l); that is, i = r + l. A: Fisher effect B: Fisher function C: Fisher rule D: Fisher theory
- Which of the following is not true? A: Interest rate parity theory links money markets and FX market. B: PPP theory relates the money market and the FX market. C: Fisher open links securities markets to the spot exchange rate market. D: Fisher effect relates goods markets to the securities market.
- Expected future spot rates are based on relative inflation rates between two countries
- Relative Purchasing Power Parity is relevant because: A: Empirical tests have shown that Absolute PPP is always violated, while Relative PPP is a good predictor of short-term exchange rate exposure. B: Consumption bundles are not always comparable across countries. C: Prices levels are not stationary over time. D: Investors care about the real return on their international portfolio investments. E: Investors care about the nominal return on their international portfolio investments.
内容
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Covered interest arbitrage is plausible when the forward premium reflect the interest rate differential between two countries specified by the interest rate parity formula.
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“iPad指数”、“蓝山咖啡指数”、“汉堡包指数”等都是下列哪个理论的应用表现 A: Purchasing Power Parity B: Interest Rate Parity C: Supply and demand theory D: Monetary Approach
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If the rate of inflation in the United States is 4% and the rate of<br/>inflation in the United Kingdom is 3%, relative purchasing power<br/>would predict that( ) A: the pound will appreciate relative to the dollar. B: the pound will depreciate relative to the dollar. C: both the dollar and the pound will depreciate due to inflation. D: both the dollar and the pound will appreciate due to inflation.
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中国大学MOOC: According to the Fisher effect, if inflation rises then the nominal interest rate rises.
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According to the interest rate parity theory, when the forward foreign exchange rate is premium, it means that the domestic interest rate( ) A: is equal to the foreign exchange rate B: lower than foreign exchange rates C: higher than foreign exchange rates D: Not sure