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PPP does not hold in general in the short run. The exception is: When the economy suffers from hyperinflation or When the economy has high interest rate levels or When CPI levels in the economy are very low

PPP does not hold in general in the short run. The exception is:
When the economy suffers from

hyperinflation or

When the economy has high interest rate levels or

When CPI levels in the economy are very low

 
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