If purchasing-power parity holds, then the value of the a. real exchange rate is equal to one. a dollar buys the quantity of foreign currency equal to the u. s. price level divided by the foreign country’s price level. b. nominal exchange rate is equal to one. a dollar buys the quantity of foreign currency equal to the u. s. price level divided by the foreign country’s price level. c. real exchange rate is equal to one. a dollar buys as many goods in the u. s. as it does overseas. d. nominal exchange rate is equal to one. a dollar buys as many goods in the u. s. as it does overseas.

The correct answer is "c. real exchange rate is equal to one. A dollar buys as many goods in the U.S. as it does overseas.".

Explanation: The real exchange rate of one currency with respect to another is the purchasing power of a currency after its conversion.

That is, the real exchange rate is a measure that indicates the purchasing power of one currency against another. Unlike the nominal exchange rate, it takes into account prices in the country to which the currency belongs.

b. a single paragraph.

a paragraph is a series of sentences that are organized and make sense, and are all related to a single topic . almost every piece of writing you do that is longer than a few sentences should be organized into paragraphs. this is because paragraphs show a reader where the subdivisions of an essay begin and end, and thus the reader see the organization of the essay into subjects in order to be able to understand its main points.