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The current spot rate between the euro and dollar is 11029/$. The annual inflation rate in the US is expected to be 189 percent and

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The current spot rate between the euro and dollar is 11029/$. The annual inflation rate in the US is expected to be 189 percent and the annual inflation rate in euroland is expected to be 2.91 percent. Assuming relative purchasing power parity holds, what will the exchange rate be in two years? Multiple Choice O 11370/5 O 1125515 O 11415 Prov 1 of 10 !!! Next >

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