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All of the following explain why purchasing power parity does not completely explain long-run fluctuations in exchange rates except
Least Squares Line
A line that minimizes the sum of the squared differences between observed values and the values predicted by a linear model.
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The activity or business of selling goods or services to customers, often measured by the volume of transactions or revenue generated.
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The act of devoting time and attention to gaining knowledge of a subject, especially through books or experience.
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