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kolitchko kolitchko
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6 years ago
A Big Mac costs $4 in the United States and 3 euros in Portugal. The purchasing power parity theory would predict that the exchange rate in the long run is
A) $1 = 1.33 euros.
B) $1 = 0.75 euros.
C) $1 = 12 euros.
D) 1 euro = $0.75.
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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vehmeinvehmein
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6 years ago
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kolitchko Author
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6 years ago
Brilliant ツ
ediblefruitz
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Yesterday
Helped a lot
gma_of_7
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2 hours ago
Thank you, thank you, thank you!
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