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===Relative PPP=== {{Main|Relative purchasing power parity}} Relative PPP is a weaker statement based on the law of one price, covering changes in the exchange rate and inflation rates. It seems to mirror the exchange rate closer than PPP does.<ref name=Burgernomics>{{cite web |last1=Pakko |first1=Michael |title=Burgernomics |url=https://files.stlouisfed.org/files/htdocs/publications/review/03/11/pakko.pdf |website=St. Louis Federal Reserve Bank |series=Research Division Publications (Federal Reserve Bank of St. Louis) |date=2 March 1917 |access-date=24 August 2019}}</ref>
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