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Suppose the price of one consumption bundle in the US. is USD9000 and the price of a consumption bundle in Germany is EUR6,783. Calculate

Suppose the price of one consumption bundle in the US. is USD9000 and the price of a consumption bundle in Germany is EUR6,783. Calculate the PPP-implied exchange rate expressed as USD/EUR. Notes: Do not label your answer. Round your answer and intermediate steps to four decimal places. The PPP-implied exchange rate is SPPP in the text Type your answer...

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