Question: 1: TRUE/FALSE. Provide a brief explanation to justify your answer. Correct answers without explanation will receive 2 points. (5 Pt. each: 75) Purchasing Power Parity

1: TRUE/FALSE. Provide a brief explanation to justify your answer. Correct answers without explanation will receive 2 points. (5 Pt. each: 75) Purchasing Power Parity does not apply to an economy when it pegs its currency to the US dollar

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