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Paternalistic role of the government is the view that the government needs to intervene because it knows what in the best interest of the individuals than the individuals themselves. This paternalistic role of the government is important in a number of areas such as government policy towards drugs and compulsory primary education.
Faimus answered the question on February 25, 2019 at 17:34
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Date-----Exchange rate
January 2017----EURUSD 1.100
December 2017----EURUSD 1.144
Take USD as the home currency.
According to purchasing power parity which currency area should have had the higher rate of inflation by 2017 and by how much?
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C) What is the implication of a change in real exchange rate of a currency?
d)
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