The inflation rate in the us is 3 while the inflation rate
The inflation rate in the U.S. is 3%, while the inflation rate in Japan is 2%. The current exchange rate is $1 equal to 101 Japanese yen. If purchasing power parity condition is existed, what is the new exchange rate for the yen?
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the inflation rate in the us is 3 while the inflation rate in japan is 2 the current exchange rate is 1 equal to 101
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