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    Principles of Macroeconomics
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    Exam 12: Open-Economy Macroeconomics: Basic Concepts
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    According to Purchasing-Power Parity Theory, the Real Exchange Rate Should
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According to Purchasing-Power Parity Theory, the Real Exchange Rate Should

Question 75

Question 75

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According to purchasing-power parity theory, the real exchange rate should equal the nominal exchange rate.

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