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Given a home country and a foreign country, purchasing power parity (PPP) suggests that Answer home currency will appreciate if home inflation rate is lower
Given a home country and a foreign country, purchasing power parity (PPP) suggests that Answer home currency will appreciate if home inflation rate is lower than foreign inflation rate. home currency will appreciate if home interest rate is lower than foreign inflation rate. home currency will depreciate if home inflation rate is lower than foreign inflation rate. home currency will depreciate if home interest rate is lower than foreign inflation rate
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