Use the information shown in the table below to answer the next questions Country Inflation rate Reference Period China 2 5 August 2022 Japan 3 August 2022 Saudi Arabia 3 August 2022 Switzerland 3 5 August 2022 South Korea 5 7 August 2022 Germany 7 9 August 2022 United States of America 8 3 August 2022 b) Do you think the U S dollar will appreciate or depreciate against the other currencies and will purchasing power parity be violated Why or why not

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Question: Use the information shown in the table below to answer the next questions. Country Inflation rate Reference Period China 2.5% August 2022 Japan 3% August

Use the information shown in the table below to answer the next questions.

Country	Inflation rate	Reference Period
China	2.5%	August 2022
Japan	3%	August 2022
Saudi Arabia	3%	August 2022
Switzerland	3.5%	August 2022
South Korea	5.7%	August 2022
Germany	7.9%	August 2022
United States of America	8.3%	August 2022

b) Do you think the U.S. dollar will appreciate or depreciate against the other currencies and will purchasing power parity be violated? Why or why not?

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