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What should the exchange rates be in two years

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Question - PPP An economic analysis firm has just published projected inflation rates for U.S. and Germany for the next five years. U.S. inflation is expected to be 6% per year, and German inflation is expected to be 2% per year. If the current rate is $1.50/ €, what should the exchange rates be in 2 years?

Reference no: EM132930735

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