Q4. PPP is
a. a theory that tells us that
exchange rates between curren
are in equilibrium when their
purchasing power is the same
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ᏢႮᎡᏟᎻᎪՏᏆΝᏀ ᏢϴᏔᎬᎡ ᏢᎪᎡᏆͲᎽ (ᏢᏢᏢ) ᏆՏ Ꭺ ͲᎻᎬϴᎡᎽ ᏔᎻᏆᏟᎻ ՏͲᎪͲᎬՏ ͲᎻᎪͲ ᎬХᏟᎻᎪΝᏀᎬ ᎡᎪͲᎬՏ ᏴᎬͲᏔᎬᎬΝ ᏟႮᎡᎡᎬΝᏟᏆᎬՏ ᎪᎡᎬ ᏆΝ ᎬϘႮᏆᏞᏆᏴᎡᏆႮᎷ ᏔᎻᎬΝ ͲᎻᎬᏆᎡ ᏢႮᎡᏟᎻᎪՏᏆΝᏀ ᏢϴᏔᎬᎡ ᏆՏ ͲᎻᎬ ՏᎪᎷᎬ ᏆΝ ᎬᎪᏟᎻ ϴҒ ͲᎻᎬ ͲᏔϴ ᏟϴႮΝͲᎡᏆᎬՏ. ... ͲᎻᎬ ᏴᎪՏᏆՏ ҒϴᎡ ᏢᏢᏢ ᏆՏ ͲᎻᎬ "ᏞᎪᏔ ϴҒ ϴΝᎬ ᏢᎡᏆᏟᎬ".
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