**Current Spot Rates**Use the table containing economic, financial, and business indicators to answer the following questions regarding the current spot exchange rates for specific currency exchanges:1. **Japanese yen/U.S. dollar exchange rate** - The Japanese yen/U.S. dollar exchange rate is ¥____/$. (Round to two decimal places.)2. **Japanese yen/Australian dollar exchange rate** - The Japanese yen/Australian dollar exchange rate is ¥____/A$. (Round to two decimal places.)3. **Australian dollar/U.S. dollar exchange rate** - The Australian dollar/U.S. dollar exchange rate is A$____/$. (Round to two decimal places.) ### Economic, Financial, and Business Indicators - 2015#### Forecasting the Pan-Pacific Pyramid: Australia, Japan, and the United States**Gross Domestic Product (GDP)**- **Australia** - Latest Quarter: 4.2% - Quarter: 3.5% - Forecast 2015: 4.3% - Forecast 2016: 3.9%- **Japan** - Latest Quarter: 2.4% - Quarter: -1.2% - Forecast 2015: 2.2% - Forecast 2016: 1.9%- **United States** - Latest Quarter: 2.3% - Quarter: 4.2% - Forecast 2015: 2.2% - Forecast 2016: 2.2%**Industrial Production and Unemployment Rate**- Industrial Production (Recent Qtr) - Australia: 4.9% - Japan: 4.7% - United States: 2.2%- Unemployment Rate (Latest) - Australia: 4.1% - Japan: 3.7% - United States: 4.8%**Consumer Prices**- **Australia** - Year Ago: 4.4% - Latest: 2.3% - Forecast 2015e: 2.2%- **Japan** - Year Ago: 0.7% - Latest: -0.4% - Forecast 2015e: 0.0%- **United States** - Year Ago: 2.8% - Latest: 2.3% - Forecast 2015e: 2.7%**Interest Rates**- 3-month (Latest) - Australia: 6.78% - Japan: 0.69% - United States: 4.79%- 1-year Government (Latest) - Australia: 6.23% - Japan: 1.64% - United States: 4.51%**Trade and Current Account**- Trade Balance (Last 12 mos, billion $) - Australia: -12.8 - Japan: 98.9 - United States: -810.1- Current Account (Last 12

* ANSWER :- * Using the below table from the given question: The relevant data to solve the question is taken from the column Current Units (per US$) -> Oct 17th gives the exchange rate of a particular country /US Dollar * Hence

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Current Spot Rates. Use the table | containing economic, financial, and business indicators to answer the following questions. What are the current spot exchange rates for the following currency exchanges? a. Japanese yen/U.S. dollar exchange rate b. Japanese yen/Australian dollar exchange rate c. Australian dollar/U.S. dollar exchange rate ..... What are the current spot exchange rates for the following currency exchanges? a. Japanese yen/U.S. dollar exchange rate The Japanese yen/U.S. dollar exchange rate is ¥ S. (Round to two decimal places.) b. Japanese yen/Australian dollar exchange rate The Japanese yen/Australian dollar exchange rate is ¥ IA$. (Round to two decimal places.) c. Australian dollar/U.S. dollar exchange rate The Australian dollar/U.S. dollar exchange rate is A$ /$. (Round to two decimal places.)

Current Spot Rates. Use the table | containing economic, financial, and business indicators to answer the following questions. What are the current spot exchange rates for the following currency exchanges? a. Japanese yen/U.S. dollar exchange rate b. Japanese yen/Australian dollar exchange rate c. Australian dollar/U.S. dollar exchange rate ..... What are the current spot exchange rates for the following currency exchanges? a. Japanese yen/U.S. dollar exchange rate The Japanese yen/U.S. dollar exchange rate is ¥ S. (Round to two decimal places.) b. Japanese yen/Australian dollar exchange rate The Japanese yen/Australian dollar exchange rate is ¥ IA$. (Round to two decimal places.) c. Australian dollar/U.S. dollar exchange rate The Australian dollar/U.S. dollar exchange rate is A$ /$. (Round to two decimal places.)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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