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The current spot rate between the euro and dollar is 11041/$ The annual inflation rate in the US is expected to be 179 percent and

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The current spot rate between the euro and dollar is 11041/$ The annual inflation rate in the US is expected to be 179 percent and the annual inflation rate in euroland is expected to be 2.99 percent. Assuming relative purchasing power party holds, what will the exchange rate be in two years? Multiple Choice

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