Appreciate relative to euro over this time period

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If a bundle of goods in Europe cost 1200 euro while the same goods and services cost 1450 dollar in the unites states, what is the current exchange rate of U.S. dollars per euro?. If over the next year, inflation is 6 percent in Europe and 10 percent in the United States, what will goods cost next year? Will the dollar depreciate or appreciate relative to euro over this time period?

Reference no: EM133088370

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