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The spot exchange rate between the US' and Neverland's currencies is $1=N165. The expected spot exchange rate in 4 years is $1=N246. Calculate the difference
The spot exchange rate between the US' and Neverland's currencies is $1=N165. The expected spot exchange rate in 4 years is $1=N246. Calculate the difference in the annual inflations rates in the two countries for this time period.
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