Zari9336 Zari9336

14-03-2024
Business

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If inflation is higher in the U.S. than in Japan, then purchasing power parity predicts over time:
a) The dollar will depreciate and the yen will appreciate.
b) The dollar will appreciate and the yen will depreciate.
c) Both the dollar and yen will appreciate.
d) Both the dollar and yen will depreciate.

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