标题:
Economics Check
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作者:
malbec
时间:
2011-7-13 16:18
标题:
Economics Check
Hi
Could somebody please confirm this. Whenever we want to compare price levels between countries the DC is the denominator.
For all the other formulas ( PPP, IRP etc ( the DC is the numerator
Is this correct?
Thanks
作者:
onelife1
时间:
2011-7-13 16:18
Using direct quotes:
Real rate = spot rate * (P fc)/(P dc)
作者:
scarecrow
时间:
2011-7-13 16:18
yes using direct quotes.
the only exeptlion is the price.
For all the rest DC is always the numerator.
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