
Macroeconomics 10th Edition by Roger Arnold
النسخة 10الرقم المعياري الدولي: 978-1111823016
Macroeconomics 10th Edition by Roger Arnold
النسخة 10الرقم المعياري الدولي: 978-1111823016 تمرين 3
Suppose the price of a Big Mac always rises by the percentage rise in the price level of the country in which it is sold. According to the purchasing power parity (PPP) theory, we would expect the price of a Big Mac to be the same everywhere in the world. Why?
التوضيح
The purchasing power parity theory in ec...
Macroeconomics 10th Edition by Roger Arnold
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