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A U.S. dollar is sold for 1.30 Swiss francs currently. Over the year, Swiss inflation is 20 percent and U.S. inflation is 33 percent. The
A U.S. dollar is sold for 1.30 Swiss francs currently. Over the year, Swiss inflation is 20 percent and U.S. inflation is 33 percent. The PPP exchange rateEpppswissfranc/$would be______; and the US dollar is currently _______.
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