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Suppose that the price level in Singapore is SGD 17,500, the price level in Japan is 1,000,000,and the spot exchange rate is 85/SGD. What amount

Suppose that the price level in Singapore is SGD 17,500, the price level in Japan is 1,000,000,and the spot exchange rate is 85/SGD. What amount of appreciation or depreciation of the yen would be required to return the actual exchange rate to its PPP implied exchange rate?

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