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Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648 Exercise 11
Why are people unlikely to buy Big Macs in the places where they are relatively cheap according to purchasing power parity and sell them where they are relatively more expensive, in order to make a profit?
Explanation
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Purchasing Power parity
The purchasing ...
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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