Question: ( 5 points ) The following information is available for Switzerland and the United States: table [ [ , 1 9 7 0 ,

(5 points) The following information is available for Switzerland and the United States:
\table[[,1970,1990,2014],[Consumer price index (Switzerland,2010=100),33.4,75.7,99.3],[Official exchange rate (CHF/USD),CHF4.44/$,CHF1.39/$,CHF0.92/$],[Consumer price index (USA,2010=100),17.8,59.9,108.6]]
Estimate change in relative purchasing parity for Swiss Franc (CHF) in 1970-1990 and 1990-2014. Is current level of exchange rates )=(CHF0.92$ sustainable based on your estimate?
 (5 points) The following information is available for Switzerland and the

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