Discussion
Your book describes the increase in the U.S. money supply as being analogous to giving people more money. If the output of goods and services is not growing at a similar rate, inflation will eventually occur. According to PPP Theory, what will happen to the U.S. dollar? Why? Explain your answer in a well-constructed and persuasive manner.
Book reference: Hill, C. W. (2018) International business: competing in the global marketplace (12th ed.). New York, NY: McGraw Hill Education.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.