Homework answers / question archive / The expected annual inflation rate in Australia has dropped all the way to 0%

The expected annual inflation rate in Australia has dropped all the way to 0%

Finance

Share With

The expected annual inflation rate in Australia has dropped all the way to 0%. However, the expected annual inflation rate in Thailand has risen to 12.5%. The current exchange rate for the Thai Baht is A$0.049. After supply and demand for the Thai Baht has adjusted according to purchasing power parity, the new exchange rate for the Baht will be A. A$0.043. B. A$0.044. C. A$0.055. D. A$0.057. E. A$0.125.