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Problem 5 Intro Annual inflation is expected to be 3.9% in Mexico and 1.6% in the U.S. Attempt 1/10 for 10 pts. Part 1 If

Problem 5 Intro Annual inflation is expected to be 3.9% in Mexico and 1.6% in the U.S. Attempt 1/10 for 10 pts. Part 1 If relative purchasing power parity holds, what is the expected (percentage) change in the exchange rate (in dollars per peso) over the course of the year? -----------4+ decimals

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