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According to Bela Balassa, the difference between the currency adjusted prices of a Mexican haircut and a Norwegian haircut had to do with: a. the
According to Bela Balassa, the difference between the currency adjusted prices of a Mexican haircut and a Norwegian haircut had to do with: a. the relative inflation rates in Mexico and Norway b. the labor productivity of barbers. c. average labor productivity in the countries. d. exchange rates between Mexican pesos and Norwegian krone
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