Macroeconomics
Macroeconomics
13th Edition
ISBN: 9780134735696
Author: PARKIN, Michael
Publisher: Pearson,
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Chapter 26, Problem 22APA

(a)

To determine

Identify why the yuan is undervalued or overvalued relative to purchasing power parity.

(b)

To determine

Identify why Swiss franc is undervalued or overvalued relative to purchasing power parity.

(c)

To determine

Identify the relevance of purchasing power parity test of Big Mac price in different countries.

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not use ai please
Answer question a, b, d, and e
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