Suppose the pound devalues from $1.25 at the start of the year to $1.00 at the end of the year.Inflation during the year is 15% in England and 5% in the U.S.What is the real devaluation ? or real revaluation + of the pound during the year?
A)- 12.38%
B)-20.71%
C)+ 2.39%
D)+ 1.46%

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The Answer of Suppose the pound devalues from $1.25 at the start of the year to $1.00 at the end of the year.Inflation during the year is 15% in England and 5% in the U.S.What is the real devaluation ? or real revaluation + of the pound during the year?
A)- 12.38%
B)-20.71%
C)+ 2.39%
D)+ 1.46%

Suppose the Pound Devalues from $1