Business, 13.03.2020 18:02 berniceallonce22

Assume that the inflation rate in Australia is 6%, while the inflation rate in the U. S. is 3%. According to PPP, the Australian dollar should by %. Question 21 options: depreciate; 3.11 appreciate; 2.83 depreciate; 2.83 appreciate; 3.11

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Assume that the inflation rate in Australia is 6%, while the inflation rate in the U. S. is 3%. Acco...