purchasing power parity states that the difference between changes over time in product-price levels in two countries will be offset by the change in

___________ purchasing power parity states that the difference between changes over time in product-price levels in two countries will be offset by the change in the exchange rate over this time.

A. Partial

B. Relative

C. Absolute

D. Full

ECO 561 UOP Final Exam University of Phoenix

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