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Which of the following is not true regarding IRP, PPP, and the IFE? a. The IFE suggests that a currency's spot rate will change according

Which of the following is not true regarding IRP, PPP, and the IFE?

a. The IFE suggests that a currency's spot rate will change according to interest rate differentials.

b. PPP suggests that a currency's spot rate will change according to inflation differentials.

c. IRP suggests that a currency's spot rate will change according to interest rate differentials.

d. All of these choices are true.

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