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According to purchasing power parity (PPP) theory, if inflation for Australia relative to the eurozone increases, eventually the value of AUD should _________ and the

According to purchasing power parity (PPP) theory, if inflation for Australia relative to the eurozone increases, eventually the value of AUD should _________ and the EUR should _______.

Multiple Choice

  • appreciate; appreciate

  • depreciate; appreciate

  • appreciate; depreciate

  • depreciate; depreciate

no.28

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