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Economic equivalence is when: 0 Goods or services have the same monetary value 0 Purchasing power in different locations is the same 0 There is

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Economic equivalence is when: 0 Goods or services have the same monetary value 0 Purchasing power in different locations is the same 0 There is no difference in actual and constant dollars 0 We are indifferent between a future payment and a current sum of money

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