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Suppose the current exchange rate for the Polish zloty is Z 2.24. The expected exchange rate in three years is Z 2.45. What is the
Suppose the current exchange rate for the Polish zloty is Z 2.24. The expected exchange rate in three years is Z 2.45. What is the difference in the annual inflation rates for the United States and Poland over this period? Assume that the anticipated rate is constant for both countries. 3.01% 3.03% O 4.4% 5% O 5.61%
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