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Use the information shown in the table below to answer the next questions. Country Inflation rate Reference Period China 2.5% August 2022 Japan 3% August
Use the information shown in the table below to answer the next questions.
| Country | Inflation rate | Reference Period |
| China | 2.5% | August 2022 |
| Japan | 3% | August 2022 |
| Saudi Arabia | 3% | August 2022 |
| Switzerland | 3.5% | August 2022 |
| South Korea | 5.7% | August 2022 |
| Germany | 7.9% | August 2022 |
| United States of America | 8.3% | August 2022 |
b) Do you think the U.S. dollar will appreciate or depreciate against the other currencies and will purchasing power parity be violated? Why or why not?
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