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Jbranson87 Jbranson87
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A year ago
Purchasing Power Parity

If the GDP deflator in the United States is 137, and the GDP deflator in Australia is 164, purchasing power parity predicts that the exchange rate in the long run will be ________ Australian dollars per U.S. dollar.

▸ 1.51

▸ 1.20

▸ 0.84

▸ 1.97
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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cheesoslimocheesoslimo
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