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    Exam 12: Open-Economy Macroeconomics: Basic Concepts
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    The Theory of Purchasing-Power Parity States That a Unit of Any
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The Theory of Purchasing-Power Parity States That a Unit of Any

Question 140

Question 140

True/False

The theory of purchasing-power parity states that a unit of any given currency should be able to buy the same quantity of goods in all countries.

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