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having trouble with this one Suppose the spot exchange rate for the Hungarian forint is HUF 205.06. The inflation rate in the United States will
having trouble with this one
Suppose the spot exchange rate for the Hungarian forint is HUF 205.06. The inflation rate in the United States will be 2.2 percent per year. It will be 5.2 percent in Hungary. What do you predict the exchange rate will be in one year? What do you predict the exchange rate will be in two years? What do you predict the exchange rate will be in five years
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