Question: During the assigned period, what was the average uncovered rate of return from the US viewpoint for the foreign country? Use geometric instead of arithmetic
During the assigned period, what was the average uncovered rate of return from the US viewpoint for the foreign country?
Use geometric instead of arithmetic averages. Use exact instead of the approximate method.
| Norway | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | |
| Consumer Price Index: | 3.0 | 1.3 | 2.5 | 0.5 | 1.5 | 2.3 | |
| Exchange Rates: | 2.1 | -11.2 | -11.4 | -4.8 | -4.4 | -0.5 | |
| Short term interest rates: | 7.2 | 6.9 | 4.1 | 2.0 | 2.2 | 3.1 |
| USA | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | |
| Consumer Price Index: | 2.8 | 1.6 | 2.3 | 2.7 | 3.4 | 3.2 | |
| Exchange Rates: | 6.0 | -1.5 | -12.3 | -8.2 | -1.9 | -1.5 | |
| Short term interest rates: | 3.7 | 1.7 | 1.2 | 1.6 | 3.5 | 5.2 |
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