Economics After graduation Steve plans to work overseas. For some reason, if he chooses Country A, he will be there for 2 years. If he chooses Country B, he will be there for 3 years. The general price index in country A is 300 this year and is estimated to be 318 next year. In country B, the general price index is 200 this year and is estimated to be 210 next year. His predicted salary in both countries is presented in actual dollars as in Table Q4(a). Assume that the base time period is next year (year one, b =1), the inflation rates for both countries are maintained in the next 2 years for Country A and 3 years for Country B. His personal MARR, 6% is same for working in either country. Table Q4(a): Salary in Country A and Country B End of Year, k Salary (A$) - Country A Salary (AS) - Country B 36,000.00 36,000.00 38,160.00 38,340.00 W N 40,832.10 (i) Compare the estimated inflation rate in Country A and Country B. (2 marks) (ii) Evaluate the real-dollar equivalent of the actual-dollar salary amounts in Table Q4(a) for working in both countries by using the inflation rates in Q4(a)(i). (5 marks) (iii) Justify the country he should go for him to earn more real dollars by considering the inflation of the country and proper cash flow equivalent method for comparison