Assume a nominal interest rate on one-year U.S. Treasury Bills of 3.80% and a real rate of interest of 2.00%. Using the Fisher Effect Equation, what is the exact expected rate of inflation in the U.S. over the next year? (your answer must be in percentage % upto 2 decimal points) Answer: Other things equal, and assuming efficient markets, if a Honda Accord costs $24,682 in the U.S., then at an exchange rate of $1.57/E. Compute how much the Honda Accord should cost in Great Britain? (Write your answer In Numeric only)