Assume that the DM country has what is considered a low-yield safe haven currency while the EM country has a high-yield currency whose value is more exposed to fluctuations in the global economic growth rate. All else equal, the exchange rate for the EM currency will most likely depreciate if the:
您的回答, 正确答案是: C
A
long-run equilibrium value of the high-yield currency is revised upward
B
nominal yield spread between the EM and DM countries increases over time
C
expected inflation differential between the EM and DM countries is revised upward
Inflation在公式的哪个部分体现了？
