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Reptor Reptor
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5 years ago
The theory of purchasing power parity assumes that
A) movements in nominal exchange rates are the result of movements in relative price levels.
B) real exchange rates are volatile.
C) movements in nominal exchange rates are the result of movements in real exchange rates.
D) inflation rates are roughly the same in most countries.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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Wars-Like-ThisWars-Like-This
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5 years ago
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