Write a short essay to describe and explain the behaviour...

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Examination Semester 1, 2016 Course ID No COURSE NAME 105517 Money, Banking & Financial Markets III ECON 3511 Official Reading Time: Writing Time: Total Duration: 10 mins 180 mins 190 mins Part Questions Time Marks A B C 1 1 2 out of 4 75 min 30 min 75 min 20 10 20 _______ Total: 50 Instructions Examination materials must not be removed from the examination room. Materials 3 pink books. Calculators with no text memory, graphics or remote capabilities are permitted. DO NOT COMMENCE WRITING UNTIL INSTRUCTED TO DO SO Page 1 of 6 See next Page
Part A (20 marks) Answer Part A in one SEPARATE examination book. Do not answer on this examination paper. Write a short essay to describe and explain the behaviour of the exchange rate between the Australian dollar and the U.S. dollar over the period 2000-2015. Make use of the models and concepts presented in this course and combine them with the information contained in the following figures. Real GDP Growth: Australia versus U.S.

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