Macroeconomics (9th Edition)
Macroeconomics (9th Edition)
9th Edition
ISBN: 9780134167398
Author: Andrew B. Abel, Ben Bernanke, Dean Croushore
Publisher: PEARSON
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Chapter 13, Problem 3RQ
To determine

The meaning of purchasing power parity and how well it works empirically.

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Students have asked these similar questions
Explain purchasing power parity's importance when comparing countries.
Explain the relationship between PPP and real interest rate parity
Distinguish between Exchange Rate Method and Purchasing Power Parity as methods of comparing Country GDP in terms of either income or expenditure through an example
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