Question: Question 6 1 mark Select the right answer. Justify your answer. Currency per U.S. Price Country Price Country Currency U.S. Dollar Index Index A

Question 6 1 mark Select the right answer. Justify your answer. Currency per U.S. Price Country Price Country Currency U.S. Dollar Index Index A x 32.00 100 3200 B Y 9.00 200 2000 C Z 8.00 150 1200 D V 1.00 250 500 E w 5.00 200 800 1. For which country(ies) in the table does purchasing power parity hold? a. A and C b. B and D c E and B d. D and E Which currency(ies) is (are) less valuable than predicted by the doctrine of purchasing power parity? a. X and Y b. Z c. Z and V d. W

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