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Suppose the current exchange rate for the Polish zloty is Z3.43. The expected exchange rate in 5 years. The expected exchange rate in 5 years
Suppose the current exchange rate for the Polish zloty is Z3.43. The expected exchange rate in 5 years. The expected exchange rate in 5 years is Z3.65. 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.
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