According to the theory of purchasing power parity, if the price level in France rises by 6 percent and the price level in the United States rises by 4 percent, then the dollar will Group of answer choices appreciate by 2 percent against the euro in the long run. appreciate by 2 percent against the euro in the short run. depreciate by 2 percent against the euro in the short run. depreciate by 2 percent against the euro in the long run