Suppose it is January $1,1994$ and the Deutsche mark revalues from $$\mathrm{.}30$ at the beginning of the year to $$\mathrm{.}33$ at the end of the year. Inflation during the year is $5\%$ in the U$.$S$.$ and $3\%$ in Germany. Does DM has a real devaluation $()$ or real revaluation $(+)$ of the Deutsche mark during the year? Why? $(20\%)$