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Select all that apply Which of the following are correct when describing purchasing power parity? Multiple select question. A unit of currency in any country
Select all that apply Which of the following are correct when describing purchasing power parity? Multiple select question. A unit of currency in any country will buy the same quantity of goods. Parity is expressed as both absolute and relative. Purchasing power parity is a major factor in the rate of change in exchange rates. Exchange rates adjust to keep purchasing power level between currencies
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