Question: Hello, I seem to be having issues with the following question. Could you assist? Thank you. Also, I have attached the image to this question.
Hello, I seem to be having issues with the following question. Could you assist? Thank you.
Also, I have attached the image to this question. It's in jpeg format titled 'PPPgraph.jpg'
A year ago, the exchange rate of the foreign currency Australia dollar (A$) against the home currency Malaysian ringgit (MYR) was MYR5.0167/A$. After one year, pointCin the following graph represents a disparity in the purchasing power parity (PPP) where Ihand Ifis the inflation of MYR and A$, respectively. What is the spot rate of the Australian dollar against the Malaysian ringgit (MYR/A$)? (enter 4 decimal places number with no sign and symbol)
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