A case study in the chapter analyzed purchasingpower parity for several countries using

Chapter 31, Problem Problems and Applications 31.10

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A case study in the chapter analyzed purchasingpower parity for several countries using the price of Big Macs. Here are data for a few more countries: b. According to purchasing-power parity, whatis the predicted exchange rate between theHungarian forint and the Canadian dollar?What is the actual exchange rate?c. How well does the theory of purchasingpowerparity explain exchange rates?

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