The expected inflation is 6% per year in the US and 4% per year
in the UK. If the relative PPP holds, what should the expected rate
of change int he nominal value of the pound in dollars (%/..)
be?
-2%
10%
-10%
2%
The expected inflation is 6% per year in the US and 4% per year in the UK. If the relative PPP holds, what should the ex
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