Question: 10. Sulsa Inc. uses fundamental forecasting. Using regression analysis, it was determine the follow equation for the euro: euro, - bo + b INF:-1 +
10. Sulsa Inc. uses fundamental forecasting. Using regression analysis, it was determine the follow equation for the euro: euro, - bo + b INF:-1 + b2INC,- 1 ..005 + 9INF:-1 + 1.1INC, -1 The most recent quarterly percentage change in the inflation differential between the United States und Europe was 2 percent, while the most recent quarterly percentage change in the income poroth differential between the United States and Europe was - 1 percent. Based on this information, the forection for the euro is a(n) of percent. a. appreciation; 3.4 b. depreciation; 3.4 c. appreciation; 0.7 d. appreciation; 1.2
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