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Intro Assume that the real interest rate is 2% in the U.S. and 1% in Canada. The annual nominal interest rate is 3.3% in the
Intro Assume that the real interest rate is 2% in the U.S. and 1% in Canada. The annual nominal interest rate is 3.3% in the U.S. and 5.4% in Canada. Part 1 | Attempt 4/10 for 9 pts. What is the approximate expected percentage change in the exchange rate (measured in U.S. dollars per Canadian dollar) according to the Fisher effect and purchasing power parity? 4+ decimals Submit
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