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ECON 2035 Two Questions




Question;In the mid-to-late 1970?s, the yen appreciated relative to the dollar even though Japan?s inflation rate was higher than America?s. How can this be explained by an improvement in the productivity of Japanese industry relative to American industry? Please use a graph to illustrate your answer.Explain and show graphically;the effect of an increase in the expected future exchange rate on the;equilibrium exchange rate, everything else held constant.;What factors can cause an increase in the;expected future exchange rate?


Paper#55794 | Written in 18-Jul-2015

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