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Posted on May 19, 2024

A country's currency that weekend relative to another country's currency by more than that justified by the differential in inflation is said to be ________

A country's currency that weekend relative to another country's currency by more than that justified by the differential in inflation is said to be ________ in terms of PPP.

a.overvalued

b.undervalued

c.undercompensating

d.overcompensating

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