Question: 2 pts Question 49 The exchange rate between the U.S. dollar and the Indian Rupee on January 01 was R/$ = 50.000. Most economists predict

2 pts Question 49 The exchange rate between the
2 pts Question 49 The exchange rate between the U.S. dollar and the Indian Rupee on January 01 was R/$ = 50.000. Most economists predict that during the coming year inflation rates will be around 8 percent in the U.S. and 15 percent in India In the event this forecast is accurate, what will be the exchange rate between the Indian Rupee and the U.S. dollar one year later based on Purchasing Power Parity? R/$ = 57.5000 OR/$ = 42.5000. OR/$ = 54.0000. OR/$ = 50.0000 O R/$ = 53.2400

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