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Given the differences between the inflation rate you determined above, and the actual Brazilian inflation rate of 2.91%, is it more likely that the Brazilian

Given the differences between the inflation rate you determined above, and the actual Brazilian inflation rate of 2.91%, is it more likely that the Brazilian government is taking actions to make BRL more expensive or cheaper? (Hint: Think about what the BRL should cost today if inflation is 2.91% in Brazil)

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