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If purchasing power parity holds, what is the expected German inflation rate, if the US expected inflation rate is 3%, the spot exchange rate is

If purchasing power parity holds, what is the expected German inflation rate, if the US expected inflation rate is 3%, the spot exchange rate is USD0.667= EUR1 and the expected spot rate is USD0.625 = EUR1?

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2.8%
7.1%
9.9%
11.4%

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