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Q8: Over this 4-year period, did the FX Appreciate or Depreciate in real terms? Country Year 1: Interest Rate Year 2: Interest Rate Year 3:

Q8: Over this 4-year period, did the FX Appreciate or Depreciate in "real terms"?

Country Year 1: Interest Rate Year 2: Interest Rate Year 3: Interest Rate Year 4: Interest Rate Year 1: Inflation Rate Year 2: Inflation Rate Year 3: Inflation Rate Year 4: Inflation Rate Year 1: % Change in IQ Year 2: % Change in IQ Year 3: % Change in IQ Year 4: % Change in IQ
US 1.15 1.56 3.51 5.15 1.99 2.75 3.22 3.07 0.00 0.00 0.00 0.00
South Africa 10.66 7.53 6.91 7.34 5.79 6.53 5.45 6.27 -28.23 -14.61 -1.55 6.48

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