Multiple Choice
If d = depreciation of country A's currency relative to B's, pA = inflation in A and pB = inflation in B, the equation for PPP is:
A) d = pA / pB.
B) d = pA - pB.
C) d = pA + pB.
D) d = pA × pB.
Correct Answer:
Verified
Correct Answer:
Verified
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