Using data from the oecd compare the most recent ppp, Operation Management

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Using data from the oecd compare the most recent ppp

1. Using data from the OECD, compare the most recent PPP exchange rates for the pound, yen, and euro with their nominal exchange rates. What differences do you observe? What accounts for these differences?

2. Using OECD data, plot the PPP exchange rates for the pound, yen, Mexican peso, and Korean won. Have these PPP exchange gone up or down over time? What accounts for the changes in these PPP exchange rate over time?

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