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    Principles of Economics Study Set 8
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    Exam 31: Open-Economy Macroeconomics: Basic Concepts
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    Many Economists Believe That the Theory of Purchasing-Power Parity Describes
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Many Economists Believe That the Theory of Purchasing-Power Parity Describes

Question 21

Question 21

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Many economists believe that the theory of purchasing-power parity describes the forces that determine exchange rates in the long run.

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