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Use the folloning information to answer qustians 13-15 Suppose the annual inflation rate in the US is expected to be 3.5 %, while it is
Use the folloning information to answer qustians 13-15 Suppose the annual inflation rate in the US is expected to be 3.5 %, while it is expected to b 6.00 % in Australia. The current spot rate for the Australian Dollar AD) is S07552 13. According to Purchasing Power Parity, estimate the expected percentage change in the of the AD during a one-year period b. c. d. 4.167% appreciation 2.358% appreciation 4.167% depreciation 2.358% depreciation
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