According to relative purchasing power parity

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Reference no: EM131020207

According to relative purchasing power parity, if the inflation rate in Italy was 8% and the inflation rate in Israel was 6%,

the Italian lira should fall 6%.

the Italian lira should fall 8%.

the Italian lira should fall 2%.

the Italian lira should rise 2%.

the Italian lira should rise 8%.

Reference no: EM131020207

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