Question: 1 points Save Answer Inflation in India is predicted to be 5% next year and in the US it is expected to be 2%. The

1 points Save Answer Inflation in India is predicted to be 5% next year and in the US it is expected to be 2%. The current spot exchange rate for the Indian rupee is INR71/5. Use relative PPP to predict what the exchange rate should be one year from now. Your answer should be in terms of how many rupee will one dollar buy. Use four decimal places

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