What is the difference in inflation between two countries

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Inflation was 6% in the U.S and 2% in Germany, while during the same period of time the euro strengthened in nominal terms by 6% against the dollar. What happened to the real value of the euro (the $/euro exchange rate) during this period?

The euros strengthen by how much and what is the difference in inflation between the two countries?

Reference no: EM13877621

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