Suppose the current exchange rate for the Polish zloty is Z 2.85. The expected exchange rate in three years is Z 2.93. What is the difference in the annual inflation rates for the United States and Poland over this period? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
Difference in annual inflation rates %© BrainMass Inc. brainmass.com December 20, 2018, 11:10 am ad1c9bdddf
The solution gives detailed steps on computing the difference in annual inflation rates. All formula and calcuations are shown and explained.