Assume the spot rate of $1 is £.6402. also assume the expected inflation rate in the u. k. is 2.1 percent while the u. s. inflation rate is 3.6 percent. what is the expected exchange rate three years from now if relative purchasing power parity exists?

Asmall business produces and sells balls. the fixed costs are $20 and each ball costs $4.32 to produce. each ball sells for $8.32. write the equations for the total cost, c, and the revenue, r, then use the graphing method to determine how many balls must be sold to break even.