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a ) If the consumer price index for the United States rises from 3 5 0 at the end of a year to 3 6
a If the consumer price index for the United States rises from at the end of a year to at the end of the next year, how much inflation was there in the United States during that year?
b Consider the case that inflation had been in the euroarea in that year. How should the euroUSD exchange rate change on the basis of the Purchasing Power Parity.
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