Question 14 2 pts The currency of Panama, called Balboa, is fixed against the US dollar at the exchange rate of 1 Balboa per US dollar. If Relative PPP holds between Panama and the US, which of the following statements is true? O The inflation rate of Panama equals the inflation rate of the US. O Relative PPP has no implications for the inflation rates of the US and Panama. O The inflation rate of Panama should be higher than the inflation rate of the US. O The inflation rate of the US should be higher than the inflation rate of Panama