RDP 9508: Are Terms of Trade Rises Inflationary? Equation (3)

Δ p m * = π * Δ p x * = π * +ΔTOT MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacqqHuo arcaWGWbWaa0baaSqaaiaad2gaaeaacaGGQaaaaOGaeyypa0JaeqiW da3aaWbaaSqabeaacaGGQaaaaaGcbaGaeuiLdqKaamiCamaaDaaale aacaWG4baabaGaaiOkaaaakiabg2da9iabec8aWnaaCaaaleqabaGa aiOkaaaakiabgUcaRiabfs5aejaadsfacaWGpbGaamivaaaaaa@4A8A@