Let the inflation rate in Belize be 3.3%. At the same time, the inflation rate in the U.S. is 2.9%. According to PPP, the Belize dollar (BBD) should ___ by _%. a . appreciate; 0.387% b...

Let the inflation rate in Belize be 3.3%. At the same time, the inflation rate in the U.S. is 2.9%. According to PPP, the Belize dollar (BBD) should ___________ by _________%.

a . appreciate; 0.387%

b . depreciate; 1.387%