Purchasing power parity is used in:
A) technical forecasting.
B) fundamental forecasting.
C) market-based accounting.
D) all of the above.

Question

Quizplus · Accepted Answer

Purchasing power parity is a concept in fundamental forecasting that suggests that the exchange rate between two currencies should adjust to equalize the prices of a basket of goods and services in each country. Therefore, it is not used in technical forecasting or market-based accounting.

Purchasing Power Parity Is Used In