Suppose hockey skates sell in canada for 113 canadian dollars, and 1 canadian dollar equals 0.71 u.s. dollar. if purchasing power parity (ppp) holds, what is the price of hockey skates in the united states?

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Suppose hockey skates sell in canada for 113 canadian dollars, and 1 canadian dollar equals 0.71 u.s. dollar. if purchasing power parity (ppp) holds, what is the price of hockey…

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