From October 2021 to October 2022 Poland experienced inflation of14.6\% compared to 8.5% in the euro area. However, the Polish Zloty depreciated against the euro by 2.3% from EUR/PLN 4.606 to EUR/PLN 4.714 over that time period. Assume that in October2021 the PLN was correctly valued against the euro according to purchase power parity. Which of the following statements would be mostly likely to be true. At EUR/PLN 4.714 in October 2022 the Polish Zloty was overvalued according to purchase power parity. If mean reversion in the real exchange rate were to occur, the PLN would experience real depreciation over the next year. At EUR/PLN 4.714 in October 2022 the Polish Zloty was overvalued according to purchase power parity. If mean reversion in the real exchange rate were to occur, the PLN would experience real appreciation over the next year