Question: The inflation rate in the U . S . is 3 . 8 0 % , while the inflation rate in Norway is 5 .

The inflation rate in the U.S. is 3.80%, while the inflation rate in Norway is 5.90%. The current exchange rate for the Norwegian krone is $0.095. After supply and demand for the Norwegian krone has adjusted in the manner suggested by purchasing power parity, the new exchange rate for the Norwegian krone will be: Question 13 options: $0.0931. $0.0969. $0.1006. $0.0894.

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