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The ratio of expected spot rate to current spot rate for USD/Pound is 1.02 and the inflation rate in the U.S. is 5%. What is
The ratio of expected spot rate to current spot rate for USD/Pound is 1.02 and the inflation rate in the U.S. is 5%. What is the approximate inflation rate in the United Kingdom?
2.9% | ||
7.0% | ||
1.3% | ||
4.1% |
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