Question: please help on Canvas, so it's your responsibility not to run out of time. Question 5 4 pts Use the following information to answer the

please help

on Canvas, so it's your responsibility not to run out of time. Question 5 4 pts Use the following information to answer the question below. CPI means Consumer Price Index. CPI changes (as a %) are used to calculate inflation rates. 2016 2015 100 US CPI 108 100 103 Japan CPI Spot exchange rate (JPY/USD) 106 109.41 In 2015, what did PPP predict the spot exchange rate (JPY/USD) would be in 2016? ED 3 3 0 EP 3

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