Question: d. How could you use regression analysis to determine whether the relationship specified by Purchasing Power Parity (PPP) exists on average? Specify the model and

d. How could you use regression analysis to determine whether the relationship specified by Purchasing Power Parity (PPP) exists on average? Specify the model and data, and describe how you would assess the regression results to determine if there is a significant difference from the relationship suggested by PPP.?

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