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1 percent, and the inflation rate in the US is percent then predicts that during 2015, the value of the British pound in terms of

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1 percent, and the inflation rate in the US is percent then predicts that during 2015, the value of the British pound in terms of US as 20) if the 2015 inflation rate in Britain is 6 percent, and the inte purchasing power party predicts that during 2015, the value A) rise by 2 percent. B) rise by 10 percent. C) fall by 10 percent D) fall by 2 percent. E) do none of the above. 2

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