Question: Conceptual questions /Numerical problems 1. Relative Purchasing Power Parity (PPP) Consider relative PPP and remember the consumer price index (CPI) provides the price level in

Conceptual questions /Numerical problems 1. Relative Purchasing Power Parity (PPP) Consider

Conceptual questions /Numerical problems 1. Relative Purchasing Power Parity (PPP) Consider relative PPP and remember the consumer price index (CPI) provides the price level in a country at any 2015, and CPl in Canada is 16 0.7165 USD/CAD in 2010, what will it be in 2015 if Relative PPP holds? (6 points) 5 in 2010 and 200 in 2015. If the spot exchange rate was

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