Suppose that the current spot exchange rate of the USA and New Zealand, US$/NZ$, is 0.6750 and that the inflation rate in both countries is 0 percent. Tomorrow new figures are released which indicate that the September quarter 2020 inflation is 1.8 percent in New Zealand and 0.9 percent in the United States, respectively. Calculate the new spot exchange rate of US$/NZ$ that should result from the difference in inflation rates.

NOTE: Do not write any '$ sign/USD/NZ$ in your answer.Express your answer in four decimals. For example: 0.1234.

Question 5 Suppose that the current spot exchange rate of the USA and New Zealand, US$/NZ$, is 0.6750 and that Not yet the inflation rate in both countries is 0 percent. Tomorrow new figures are released which indicate that the answered September quarter 2020 inflation is 1.8 percent in New Zealand and 0.9 percent in the United States, Marked out of respectively. Calculate the new spot exchange rate of US$/NZ$ that should result from the difference in 3.00 inflation rates. P Flag question NOTE: Do not write any 'S sign/USD/NZ$ in your answer. Express your answer in four decimals. For example: 0. 1234