Mathematics, 07.03.2020 01:30 karinagaticap73vrn

N 1960, a U. S. dollar sold for 6.2 Swedish kronas. If PPP held in 1960 and 1987, what would the PPP value of the exchange rate be in 1987 if Swedish prices rose 12 times and U. S. prices rose 4 times between 1960 and 1987

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N 1960, a U. S. dollar sold for 6.2 Swedish kronas. If PPP held in 1960 and 1987, what would the PPP...

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