Calculate the inflation rates in each of your two selected countries using the Consumer Price Index (CPI) from the 2020 WDI data. Remember the inflation rate is the rate of growth of the CPI.
Calculate the rate of growth of the exchange rates between two currencies using exchange rate data on your selected countries. Before doing so, answer the following question. What is the rate of growth and which formula is used to calculate it? Display the rates of growth of the exchange rates between the two currencies of […]