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valputin valputin
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8 years ago
The theory of PPP suggests that if one country's price level rises relative to another's, its currency should
A) depreciate in the short run.
B) depreciate in the long run.
C) appreciate in the long run.
D) appreciate in the short run.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
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Our course uses > The Economics of Money, Banking and Financial Markets
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MeelaMeela
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8 years ago
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valputin Author
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#2
8 years ago
This is great!
Our course uses > The Economics of Money, Banking and Financial Markets
wrote...
#3
8 years ago
Slight Smile Good luck with the rest
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