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Thanks Alan. the question is from one of the samples’
Japan yen/$ 85.45. 1yr Infl=1.2%
Uk.£/$ 0.62. Infl=1.6
US. Infl=1.3
According to relative purchase price parity, which of the below is accurate?
1) Japan’s will depreciate
2) uk’s will be about the same |
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