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Over the next 14 years, inflation is expected to be 5 percent per year in Ectenia and 10 percent per year in Wiknam. If this inflation comes to pass, what will happen over this period to the price of Spam
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Over the next 14 years, inflation is expected to be 5 percent per year in Ectenia and 10 percent per year in Wiknam. If this inflation comes to pass, what will happen over this period to the price of Spam and the exchange rate?

User Wahab Khan Jadon
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1 Answer

3 votes

Answer:

1.8pesos

2.Price of Spam in Ecteria as well as in Wiknam will increase

Step-by-step explanation:

8 Pesos per dollar=16/2=8pesos

Ans for 2)

Price of Spam in Ecteria as well as in Wiknam will increase

User Jafar Kofahi
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