Purchase Power Parity Illustration 4
The inflation in India is 9% and that in USA is 4%. If the spot rate is 39.00/$ what would be the spot rate after one year?
(Ans.: 40.8750 / $)
Purchase Power Parity Illustration 4
The inflation in India is 9% and that in USA is 4%. If the spot rate is 39.00/$ what would be the spot rate after one year?
(Ans.: 40.8750 / $)
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