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2. What is relative purchasing power parity? Assuming relative PPP holds, fill in the table below: Π US, t 0.03 0.04 S/E, t S/E, t-1 E, t -0.0811 0.01 0.002381 0.014545 0.026522 2.1 2.1 2.2 2.2 0.06 0.07 0.08 2.4 2.5 2.7 2.9 2.4 2.6 2.7 2.8 0.05 0.061538 0.072963 0.084286 0.1 0.11 0.13
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