Business, 03.12.2019 03:31 ally3724f

If the price level recently increased by 20% in england while falling by 5% in the united states, what must be the new exchange rate if ppp holds?

assume that the current exchange rate is 0.54 pound per dollar.

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If the price level recently increased by 20% in england while falling by 5% in the united states, wh...

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