Question: 21) Two statements are true for purchasing power parity (oppy Select 1x2.5pts PPP holds up well over the short run but poorly for the long

 21) Two statements are true for purchasing power parity (oppy Select

21) Two statements are true for purchasing power parity (oppy Select 1x2.5pts PPP holds up well over the short run but poorly for the long run and the theory holds better for countries with relatively low rates of inflation ppp holds up well over the short run but poorly for the long run and the theory holds better for countries with relatively high rates of inflation ppp holds up well over the long run but poorly for the short run and the theory holds better for countries with relatively high rates of inflation pop holds up well over the long run but poorly for the short run and the theory holds better for countries with relatively low rates of Inflation 17 18 19 20 21 22 123 124 125 126

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