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Question 23 1 pts Which of the following statements is NOT correct regarding the theory of purchasing power party? The PPP kely to hold precisely
Question 23 1 pts Which of the following statements is NOT correct regarding the theory of purchasing power party? The PPP kely to hold precisely in reality because different countries osally have different consumphony bashots of the standard consumption basket costs $225 in the US and 150 the UR the PPP exchange rate should be $150/E Evidence suggests that the Bist Mac has almost the same cost everywhere after adjusting to the exchange The theory of PPP is obtained when the tw of one price is applied internally to standard in basket
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