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PPP and IRP are different because Question 7 options: one includes inflation rates and other includes exchange rates one always deviates from parity and other
PPP and IRP are different because Question 7 options: one includes inflation rates and other includes exchange rates one always deviates from parity and other does not ever deviate one holds for single country and other holds for both countries one includes inflation rates and other includes interest rates
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Macroeconomics
Authors: N Gregory Mankiw
9th Edition
1464182892, 9781464182891
