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How do i solve this? Use the following information to answer the question below. CPI means Consumer Pice index. CPt changes (as a % )
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Use the following information to answer the question below. CPI means Consumer Pice index. CPt changes (as a % ) are used to calculate inflation rates. \begin{tabular}{|l|l|l|} \hline & 2017 & 2018 \\ \hline USCAI & 100 & 108 \\ \hline ban CPI & 100 & 105 \\ \hline SpotexchanserateUPYUSD & 105.09 & 106 \\ \hline \end{tabular} In 2017, what did PPP predict the spot exchange rate (UPY/USD) would be in 2018 ienter your answer with two decimals) Step by Step Solution
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