a. According to purchasing power parity theory, a country with massive inflation should also experience a massive
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b. Hyperinflation is defined as a rapid rise in the price of goods and services. According to purchasing power parity theory, does hyperinflation also cause a rapid rise in the price of foreign currencies?
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a Yes this happened in Zimbabwe b Hyperinflation in a given coun...View the full answer
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Priotosh Bhattacharjee
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