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Which of the following correctly represents the formula for absolute PPP? Remember that P stands for the price level and E stands for the level

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Which of the following correctly represents the formula for absolute PPP? Remember that P stands for the price level and E stands for the level of the exchange rate. A. P_E = e_exist/pound times P_US. B. P_US = e_exist/pound + P_E. C. P_E = e_exist/pound + P_US. D. P_US = e_exist/pound times P_E

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