Question: QUESTION 2 The Economist Intelligence Unit has recently published projected inflation rates for the United States and India for the next five years. U.S. Inflation
QUESTION 2 The Economist Intelligence Unit has recently published projected inflation rates for the United States and India for the next five years. U.S. Inflation is expected to be 2% per year, and inflation in India is expected to be 5% per year. If the current exchange rate is INR67.78/5, what should the exchange rate be 5 years from now? $78.35/INR b. $69.77/NR 6. $0.01705/INR d. 30.01510ANR e. $0.01276/NR Ot. $0.01433/INR
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