If The Japanese Price Level Rises By 5 Relative To The Price Level In The United

If the Japanese price level rises by 5% relative to the price level in the United States, what does the theory of purchasing power parity predict will happen to the value of the Japanese yen in terms of dollars?

If the Japanese price level rises by 5% relative to the price level in the United States,what does the theory of purchasing power parity predict will happen to the value of theJapanese yen in…