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- Somebody has bought US Dollar with two-third of his money and Euro with one-third. Dollar has gained value overnational currency by 1.8 % each month and Euro 1.2 % each month. The average monthly inflation rate is 3. Find thepercentage loss of him/her at the end of a year.8. If nominal national income increased by 20% over a certain period of time while real national income increased by 10%, then a. b. C d. e everybody in the economy became worse off inflation has decreased during this time period. the labour force increased by 10% the price level has declined by about 10%. the price level has increased by approximately 10%. Show Transcribed Text 9. Suppose Canada's exchange rate with the U.S. dollar falls from 1.21 to 1.13. This fall indicates a(n) Canadian dollars to of the Canadian dollar, which means it takes purchase one U.S. dollar. a appreciation; more b. appreciation, fewer c. depreciation, more d. depreciation; fewer1. Somebody has bought US Dollar with two-third of his money and Euro with one-third. Dollar has gained value over national currency by1,4% each month and Euro1,6% each month. The average monthly inflation rate is 2. Find the percentage loss of him/her at the end of a year.
- 1. a) Is the following graph about the "Purchasing Power of the Diminishing Dollar" misleading? Why or why not? GELİNAARADICS ANKAPILA 1998-ESENHOWR$1.00 WERNER FALT THE END OF AMERICA ELEMEN 5-% JUVE SANA 1993-MINNE94 THE EMERS Purchasing Power of the Diminishing Dollar 1968-JOHNSON 1973-MXON M 1978-CARTER A b) Provide a time-series graph that accurately reflects the data: [(1978- Carter, $0.44), (1973- Nixon, $0.64), (1968- Johnson, $0.83), (1963- Kennedy, $0.96), (1958-Eisenhower, $1.00).26. IMPACT OF DEVALUATION The inflation rate in Yinland was 14 percent last year. The government of Yinland just devalued its currency (the yin) by 40 percent against the dollar. Even though it produces products similar to those of the United States, Yinland has much trade with the United States and very little trade with other countries. It presently has trade restrictions imposed on all non-U.S. countries. Will the devaluation of the yin increase or reduce inflation in Yinland? Briefly explain.3. Which of the following conditions may lead to a decline in the value of a country's currency? I. low real interest rates II. high inflation II. Low nominal interest rates A. I only B. II only C. III only D. I and III only E. I and II only
- Table 1: The national income accounting Items $ million Exports 17.8 Depreciation Government expenditures Net private domestic investment Transfer payments Imports Таx Net factor income abroad Consumption expenditures 11.8 59.4 52.1 13.9 16.5 40.5 2.2 219.1 a) Find the GDP & GNP value. b) Find the Y & Yd value. c) Given rate of inflation = 5%, calculate the real Yd value.Assume UK inflation rate falls relative to US inflation rate. Other things being equal, how should this affect the (a) UK demand for Dollars, (b) supply of Dollars for sale, and (c) equilibrium value of Dollars? (Indicate with a single graph). Which currency is going to appreciate in this regard?Assume that the export price of a Sony Smartphone from Naguya, Japan is VIS. The exchange rate is 87.60S. The forecast rate of inflation in the United States is 22% per year and is 1,5% per year in Japan. Use this data to answer the following questions on exchange rate pass through. a. What was the export price for the Sony Smartphone at the begianing of the year expressed in U.S. dollars? b. Assuming purchasing power parity holds, what should the exchange rate be at the end of the year? e. Assuming 100% pass-through of exehange rate, what will the dollar price of a Sony Smartphone be at the end of the year? nini d. Assuming 80% pass-through, what will the dollar price of a Sony Smartphone be at the end of the year?
- AE Ap Ap suggests that p where E is domestic price of one unit of foreign currency (e.g., Rs100 = $1) Q.23 Purchasing power parity which can be written as A. The home currency will appreciate if the current home inflation exceeds the current foreign inflation rate. B. The home currency will appreciate if the current foreign inflation rate exceeds the current domestic inflation rate. C. The home currency will depreciate if the current home interest rate exceeds the current Foreign interest rate D. The home currency will depreciate if the current home inflation rate exceeds the current foreign interest rate. E. Both B and D are correct.What is the impact of the fall in Canadian interest rates? a. an appreciation of the dollar and smaller net exports b. a depreciation of the dollar and greater net exports c. an appreciation of the dollar and greater net exports d. a depreciation of the dollar and smaller net exports1. Indicate whether each of the following groups is helped or hurt by inflation A. Banks who extend many fixed rate loans B. Students who put savings in a fixed rate savings account C. Mechanics who pay for new tools with a fixed rate loan D. People who sign a four-year lease on an apartment
