#5

5. value 1.00 points P21-8 Inflation and Exchange Rates [LO2] Suppose the current exchange rate for the Polish zloty is Z 2.3. The expected exchange rate in three years is Z 2.53. What is the difference in the annual inflation rates for the United States and Poland over this period? Assume that the anticipated rate is constant for both countries. 5.97% 0 3.23% o 5.33% 0 3.21% O 4.68%