Question
Topic: International Economics Question: Purchasing power parity (PPP) is related to exchange rate. We know there are nominal and real exchange rate. Do we also
Topic: International Economics
Question:
Purchasing power parity (PPP) is related to exchange rate. We know there are nominal and real exchange rate. Do we also have nominal and real PPP? If not why? Would the parallel between PPP and nominal exchange rate affect real exchange rate?
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Macroeconomics Principles Applications and Tools
Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez
9th edition
978-0134089027, 134089022, 978-0134420684
