Pls help with below homework. 1. Use the following information to answer the questions below. Assume that the capital account is 0.Exports of goods and services500Primary income received200Secondary income received300Imports of goods and services700Primary income paid abroad300Secondary income paid100Net acquisition of financial assets300Net incurrence of liabilities400Net change in financial derivatives6004.- Suppose the dollar-yen exchange rate is 0.01 dollar per yen. Since the base year, inflation has been2 percent in Japan and 10 percent in the United States. What is the real exchange rate? In real terms, has the dollar appreciated ordepreciated against the yen?

a. Exchange balance= Exports of labor and products import of labor and products =500-700 = -200 b.…

1. Use the following information to answer the questions below. Assume that the capital account is 0. Exports of goods and services 500 Primary income received 200 Secondary income received 300 Imports of goods and services 700 Primary income paid abroad 300 Secondary income paid 100

1. Use the following information to answer the questions below. Assume that the capital account is 0. Exports of goods and services 500 Primary income received 200 Secondary income received 300 Imports of goods and services 700 Primary income paid abroad 300 Secondary income paid 100

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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