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Business, 30.07.2021 17:50 smonahan2023

Assume $1 is currently equal to A$1.2924 in the spot market. Also assume the expected inflation rate in Australia is 4 percent as compared to 2.4 percent in the U. S. What is the expected exchange rate one year from now if relative purchasing power parity exists

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Assume $1 is currently equal to A$1.2924 in the spot market. Also assume the expected inflation rate...
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