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The spot rate for the Korean won is 1,100 per dollar. Over the year, inflation in Korea is 2 percent and U.S. inflation is 4 percent. If purchasing power parity holds, at year-end the exchange rate should be approximately won per dollar. O 1,022 1,033 O 1,122 1,078 0 1,044 O 1,156 is an area of commercial bank regulation dealing with preventing banks from discriminating unfairly in lending. O Accessibility Investor protection Consumer protection Credit allocation Monetary policy O Safety and soundness