On january 1 1990 the annual inflation rates in the us and
On January 1, 1990, the annual inflation rates in the U.S. and Greece were expected to be 3% and 8%, respectively. Assume the drachma was worth $.007 on that day. What was the expected spot rate in three years according to economic theory?
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on january 1 1990 the annual inflation rates in the us and greece were expected to be 3 and 8 respectively assume the
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1 over the past 7 years the federal reserve has taken many expansionary actions such as keeping interest rates low and
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