The table below shows indexes for the price levels for Canada and the United States and the nominal exchange rate between their currencies (the Canadian-dollar price of 1 U.S.dollar) .
TABLE 34-2
-Refer to Table 34-2.According to the theory of purchasing power parity (PPP) ,the Canadian-U.S.exchange rate in 2012 should have been ________,meaning that the actual Canadian dollar in that year was ________ relative to its PPP value.
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The achievement of personal and professional goals and milestones in one's career, often measured by promotions, recognition, and personal fulfillment.
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involves educating, instructing, or developing oneself or others in skills and knowledge that relate to specific useful competencies to improve performance.
Workforce
The workforce consists of all the people engaged in or available for work, either in a country or in a particular company or industry.
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