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Assume that the inflation rate in Australia is 6%, while the inflation rate in the U.S. is 3%. According to PPP, the Australian dollar should

Assume that the inflation rate in Australia is 6%, while the inflation rate in the U.S. is 3%. According to PPP, the Australian dollar should by %.

Question 21 options:

appreciate; 3.11

appreciate; 2.83

depreciate; 2.83

depreciate; 3.11

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Previous Question Next Question

	appreciate; 3.11
	appreciate; 2.83
	depreciate; 2.83
	depreciate; 3.11

Question

Assume that the inflation rate in Australia is 6%, while the inflation rate in the U.S. is 3%. According to PPP, the Australian dollar should

Assume that the inflation rate in Australia is 6%, while the inflation rate in the U.S. is 3%. According to PPP, the Australian dollar should ____ by ____%. Question 21 options: appreciate; 3.11 appreciate; 2.83 depreciate; 2.83 depreciate; 3.11

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Assume that the inflation rate in Australia is 6%, while the inflation rate in the U.S. is 3%. According to PPP, the Australian dollar should by %.

Question 21 options:

appreciate; 3.11

appreciate; 2.83

depreciate; 2.83

depreciate; 3.11