Which of the Following Statements About the Differences Between Interest

Which of the following statements about the differences between interest rate parity (IRP) and purchasing power parity (PPP) is true?

A) Purchasing power parity tends to hold well in the long term while interest rate parity tends to hold well only over short time periods.
B) Interest rate parity assumes that the average international inflation rate is zero; purchasing power parity makes no such assumption.
C) Interest rate parity is the relationship between interest rates and the prices of goods across countries whereas purchasing power parity is the relation between currencies and the
Prices of goods.
D) Interest rate parity tends to hold well in the real world while purchasing power parity holds only over a very long term.