If the annual inflation rate is 5.5 percent in the United States and 4 percent in the

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If the annual inflation rate is 5.5 percent in the United States and 4 percent in the U.K., and the dollar depreciated against the pound by 3 percent, then the real exchange rate, assuming that PPP initially held, is ?

Posted Date: May 19, 2024 12:08 PM

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If the annual inflation rate is 5.5 percent in the United States and 4 percent in the

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