In the United Kingdom, the inflation rate is 1.8 per cent per year and that T-bills currently yield 2.1 per cent annually. What do you estimate the inflation rate to be in Australia if short-term...

In the United Kingdom, the inflation rate is 1.8 per cent per year and that T-bills currently yield 2.1 per cent annually. What do you estimate the inflation rate to be in Australia if short-term Australian government securities yield 4 per cent per year?