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Author Question: Purchasing power parity holds if (Read 117 times)

penguins

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on: Jan 2, 2020
Purchasing power parity holds if
◦ real wage rates adjust so that purchasing power is the same across all countries.
◦ prices of all goods in the world economy were equal, corrected for nominal exchange rates.
◦ countries are small and underdeveloped.
◦ inflation is low so purchasing power increases.
◦ purchases are made in the short run and long run.
Macroeconomics, Canadian Edition ¦ Williamson ¦ 4th Edition
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Marked as best answer by penguins on Jan 2, 2020

isabelt_18

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Reply #1 on: Jan 2, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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penguins

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Reply 2 on: Jan 2, 2020
Gracias!

diana chang

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Reply 3 on: Yesterday
Excellent

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