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​Given a Home Country and a Foreign Country, Purchasing Power

Question 49

Multiple Choice

​Given a home country and a foreign country, purchasing power parity (PPP) suggests that:


A) ​the home currency will depreciate if the current home inflation rate exceeds the current foreign interest rate.
B) ​the home currency will appreciate if the current home interest rate exceeds the current foreign interest rate.
C) ​the home currency will appreciate if the current home inflation rate exceeds the current foreign inflation rate.
D) ​the home currency will depreciate if the current home inflation rate exceeds the current foreign inflation rate.

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