Suppose prices are equal in europe in euros and the us in
Suppose prices are equal in Europe (in euros) and the US (in dollars) at the end of 2006. In 2007, prices increase by 3% in Europe (in euros) and 1% in the US (in dollars). According to PPP, the euro should appreciate or depreciate? By how much?
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1 brenda smith operates her own farm raising chickens and producing eggs she sells her eggs at the local farmers market
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suppose prices are equal in europe in euros and the us in dollars at the end of 2006 in 2007 prices increase by 3 in
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