Question: Suppose the current exchange rate for the Russian ruble is RUB

Suppose the current exchange rate for the Russian ruble is RUB 34.50. The expected exchange rate in three years is RUB 37.78. Assume that the anticipated rate is constant for both countries. What is the difference in the annual inflation rates for the United States and Russia over this period?


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  • CreatedJuly 29, 2013
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