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健康菌 · 2022年09月25日

公式怎么推导怎么理解

NO.PZ2021052601000002

问题如下:

One of the reasons aggregate demand curve is downward sloping is because a lower price level means that the real exchange rate:

选项:

A.depreciates, making domestic goods cheaper in other countries and imports less competitive, resulting in a higher level of net exports.

B.appreciates, making domestic goods more expensive in other countries and imports more competitive, resulting in a higher level of net exports.

C.appreciates, making the country’s exports and imports less competitive and leading to lower net exports.

解释:

A is correct. A lower price level results in a weaker real exchange rate, making domestic goods cheaper to people in other countries and imports less competitive, resulting in a higher level of net exports.

较低的价格水平导致较弱的实际汇率,使国内产品对其他国家的人来说更便宜,进口竞争力下降,导致净出口水平上升。

如题,看了其他的答案,只有公式没有讲解,不太理解

1 个答案

笛子_品职助教 · 2022年09月25日

嗨,从没放弃的小努力你好:


公式怎么推导怎么理解

如题,看了其他的答案,只有公式没有讲解,不太理解

Hello,亲爱的同学,能够想自己推导公式的同学是很优秀的,就需要对知识点深入理解,这样才能印象深刻哈。


我们先看下这道题,然后再推导公式。


本题知识点在基础讲义252页,也就是以下截图画线的公式。教材并没有给出这个公式的推导。

根据此公式,当外币的CPI降低时(也就是公式中CPIf降低),外币的实际汇率(D/F)贬值。因此选A。


但是如果我们要推导这个公式,我们就需要了解,实际汇率和名义汇率的关系。


两国名义汇率 = 两国实际汇率*(两国通胀差值)

我们以F国为base currency为例。

名义S(D/F)/实际S(D/F) = CPId /CPIf


则:实际S(D/F) = 名义S(D/F)/ (CPId /CPIf) =名义S(D/F)* CPIf/CPId


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虽然现在很辛苦,但努力过的感觉真的很好,加油!

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