Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. 2 polints assume that inflation in the united stat

2 polints Assume that inflation in the United States is 9% and inflation in Europe...

90.2K

Verified Solution

Question

Finance

image
2 polints Assume that inflation in the United States is 9% and inflation in Europe is 2%. If the spot rate has changed by 2.95% then the percentage change in the reat excharkerate (expressed as USD/EUR) is \%. Notes: Round your intermediate and final answer to four decimal places. You should enter your answer in percent form (ie 5 in not 0.05 ). Type your

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

Acetic acid and its conjugate base acetate can form an acid-base buffer. The pKa of acetic...

Finance
1.2K views

What is an annual report? What are some of the things it contains beyond the financial...

Physics
1.2K views

5 OABC is a carrying square loop An electron is projected from the centre of...

Physics
1.2K views

In the circuit shown the power factor of the circuit is Power factor of only...

Basic Math
1.2K views

A plumbing company charges $50 for the first hour of a service call and $30...

Calculus
1.2K views

and direction What is the velocity vector 6 j 4t k is the position of...

Accounting
1.2K views

Seemos sells winter boots for stylish women. During May 2020 the following transactions took place:...

Accounting
1.2K views

Super Sonics Entertainment is considering buying a machine that costs $580,000. The machine will be...

Accounting
1.2K views

just do v. vi. viii. and ix. please ...

Accounting
1.2K views

The incorporated city of Orillia has asked PPP to make them 10,000 commemorative pottery plates...

Accounting
1.2K views

Help! 9:24 PM Sat Novw 3 4.75 points...

Finance
1.2K views

UPS, a delivery services company, has a beta of 1.2, and Wal-Mart has a beta...