Quiz 6 ques ans - Sheet1 Page 1 The consumer price index was 198.3 in January of 2006 and it was 202.4 in January of 2007 Therefore the rate of

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Sheet1 Page 1 The consumer price index was 198.3 in January of 2006, and it was 202.4 in January of 2007. Therefore, the rate of inflation i find the difference 202.4 - 198.3 = 4.1 Devide 4.1 by starting value 198.3 = .02067 or 2.07% As the U.S. dollar appreciates in value relative to the Japanese Yen, what happens to the price of U.S. goods in Japan? Wha Why would a country (for example China) choose to keep their currency relatively pegged to the U.S. dollar? If the U.S. dolla I have a question in economics about foreign exchange ..thnk u? The foreign exchange market is where currencies are exchanged. The foreign exchange rate is defined as the price at which When a currency decreases in value relative to another currency the currency has depreciated. Thus, one could conclude that the dollar has depreciated relative to the Yen and the Yen has appreciatied relative to the dol If the U.S. dollar were to appreciate considerably against most currencies, and their exports goods and services increased,the Researchers have observed how a rapid expansion of foreign holdings have occurred since the 1990s of the US debt is held...
View Full Document

This note was uploaded on 08/19/2011 for the course ECONOMICS GM545 taught by Professor Hamidnoorani during the Summer '09 term at Keller Graduate School of Management.

Page1 / 16

Quiz 6 ques ans - Sheet1 Page 1 The consumer price index was 198.3 in January of 2006 and it was 202.4 in January of 2007 Therefore the rate of

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online