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Suppose the current exchange rate for polish zloty is Z 3.91. The expected exchange rate in three years is Z 3.98. What is the difference
Suppose the current exchange rate for polish zloty is Z 3.91. The expected exchange rate in three years is Z 3.98. What is the difference in the annual inflation rates for the U.S. and Poland over this period implied by the relative PPP?
Select one:
a. 0.29%
b. 0.49%
c. 0.39%
d. 0.59%
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