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Suppose the price level in the US is expected to be $22,000 in one year while the price level in the UK is expected to

Suppose the price level in the US is expected to be $22,000 in one year while the price level in the UK is expected to be 17,000. If you are a believer in APPP, what exchange rate do you forecast for 1 year from now? Group of answer choices Not enough information to answer 1.2941 $/ 0.7727 $/

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