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    Macroeconomics Study Set 10
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    Exam 13: Exchange Rates, business Cycles, and Macroeconomic Policy in the Open Economy
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    Purchasing Power Parity Means That
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Purchasing Power Parity Means That

Question 74

Question 74

Multiple Choice

Purchasing power parity means that


A) enom = PFor / P.
B) P = PFor.
C) P = enom / PFor.
D) enom = mc2.

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