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Today's spot rate between the euro and dollar is 11059/$. The annual inflation rate in the US is expected to be 164 percent and the

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Today's spot rate between the euro and dollar is 11059/$. The annual inflation rate in the US is expected to be 164 percent and the annual inflation rate in euroland is expected to be 311 percent. Assuming relative purchasing power parity holds, what will the exchange rate be in two years? Multiple Choice C11387/5 10896/5 10736/5 11554/5 AGORA 11222/5

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