According to the purchasing power parity theorem, what must be approximately equal across countries: the nominal exchange

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According to the purchasing power parity theorem, what must be approximately equal across countries: the nominal exchange rate or the real exchange rate?

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Modern Principles Of Economics

ISBN: 9781319245399

5th Edition

Authors: Tyler Cowen, Alex Tabarrok

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Question Posted: Feb 16, 2023 06:03 AM

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According to the purchasing power parity theorem, what must be approximately equal across countries: the nominal exchange

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