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n many countries, there are several types of safeguards against financial instability. Explain 3 of them. (6 points) 6. Explain absolute and relative purchasing power

n many countries, there are several types of safeguards against financial instability. Explain 3 of them. (6 points) 6. Explain absolute and relative purchasing power parity. Write down their equations. Does empirical evidence support these theories?(6points)

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