Question: QUESTION 20 The US inflation rate is expected to be 3 percent over the next year, while the European inflation rate is expected to be

QUESTION 20 The US inflation rate is expected to be 3 percent over the next year, while the European inflation rate is expected to be 125 percent. The current spot rate of the euro is $1.19. Using purchasing power party, the expected spot rate at the end of one year is $ 1.19 O 1.20 O 121 O 122

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