How to measure purcahse power parity? I s there any informal measurements? explain how and what it measures?
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Q: Suppose for Home: Ms=2874, Md/P=7335-70082*R, P=2 Suppose for Foreign:Ms=2306, Md/P=8082-79063*R,…
A: Home:Ms = 2874MdP = 7335 - 70082 × RP = 2Foreign:Ms* = 2306Md*P* = 8082 - 79063 × R*P* = 4
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Q: What is purchase power parity? Do you know any informal measure of PPP, explain how and what it…
A: Purchasing power parity (PPP) may be a popular metric employed by macroeconomic analysts that…
How to measure purcahse power parity? I s there any informal measurements? explain how and what it measures?
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