Question
During the period from January 1, 2012 to January 1, 2013 GBP/CAD exchange rate increased from 1.6 to 1.8. while the Canadian Consumer Price Index
During the period from January 1, 2012 to January 1, 2013 GBP/CAD exchange rate increased from 1.6 to 1.8. while the Canadian Consumer Price Index increased by 5%. Find how did British Consumer Price Index change during the same period assuming RPPP holds
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Personal Finance Turning Money Into Wealth
Authors: Arthur J. Keown
1st Edition
1269891472, 9781269891479
