Question: Question 2 2 pts Use the following information to answer the question below. 2015 2016 100 101 100 104 US CPI Japan CPI Spot exchange

Question 2 2 pts Use the following information to answer the question below. 2015 2016 100 101 100 104 US CPI Japan CPI Spot exchange rate (JPY/USD) 107.50 104.01 What is the real (inflation-adjusted) exchange rate in 2016 (JPY/USD)? Question 3 1 The expected one-year inflation rate is 1% in the US and 3% in Egypt. According to PPP, what is expected to happen to the value of the Egyptian pound relative to the US dollar? O The Egyptian pound is expected to appreciate by approximately 2% The Egyptian pound is expected to depreciate by approximately 2% Ne
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