Assume that the United States has an inflation rate of 10% in 2020 and Australia...
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Assume that the United States has an inflation rate of 10% in 2020 and Australia has a 5% inflation in 2020. The USD has wekened by 15% relative to the AUD. Based on these data, which of the following statements is correct?O USD has depreciated by 10.95% in real terms relative to AUDD USD has depreciated by 18.86% in real terms relative to AUDUSD has appreciated by 18.86% in real terms relative to AUDO USD has depreciated by 15.00% in real terms relative to AUDO USD has appreciated by 10.95% in real terms relative to AUD
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