Question: 1/1 point Question 14 The current spot rate between the U.K. and the U.S is .5146 per $1. The expected inflation ate in the U.S.is

1/1 point Question 14 The current spot rate between the U.K. and the U.S is .5146 per $1. The expected inflation ate in the U.S.is 22 percent. The expected inflation rate in the U.K. is 3.1 percent. If relative purchasing power parity exists, the exchange rate 3 years from now will be: .4738/S1 .5089/$1 E.5286/$1 .5324/51 .5331/51

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