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Author Question: Purchasing Power ParityIf the GDP deflator in the United States is 137, and the GDP deflator in ... (Read 18 times)

desireelg_7

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on: Nov 23, 2022

Question 1

Purchasing Power Parity

A manicure costs $26 in the United States and 48 yuan in China. If the exchange rate is 6.2 yuan per dollar, purchasing power parity predicts that the dollar cost of a manicure in China should be ________.
◦ $7.74
◦ $161.20
◦ $4.19
◦ $1.85

Question 2

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
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by desireelg_7 on Nov 23, 2022

ElaneShive

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Reply #1 on: Nov 23, 2022
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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desireelg_7

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Reply 2 on: Nov 23, 2022
Excellent

LVPMS

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Reply 3 on: Yesterday
:D TYSM

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