Economic forecasters predict a 17% annual rate of inflation for Anderia and a rate of only 3%

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Economic forecasters predict a 17% annual rate of inflation for Anderia and a rate of only 3% for the euro zone during the next five years. The current spot rate of exchange is Al.2222/€1.00. Use PPP to give an unbiased forecast of the exchange rate for each of the next five years.

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