Question: Absolute Purchasing Power Parity (PPP) does not usually hold water in reality. Which of the below is the factor that is likely to have the

Absolute Purchasing Power Parity (PPP) does not usually hold water in reality. Which of the below is the factor that is likely to have the least impact on the working of absolute PPP in real life? Answer: [ ]

Inflation

Taxes

Market competition

Demographic

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