Forecasting the Pan-Pacific Pyramid: Australia, Japan Gross Domestic Product Forecast Foreca Country Latest Qtr Qtr 2015e 2016 Australia 4.3 % 3.8 % 4.1 % 3.5 Japan 1.6 % -1.2 % 2.0 % 1.5 nited States 1.9 % 3.8 % 2.0 % 2- Consumer Prices Forecast Country Year Ago Latest 2015e Australia 4.0 % 2.1 % 2.4 % Jаpan 0.9 % -0.2 % 0.0 % nited States 2.1 % 2.8 % 2.8 %

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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| containing economic, financial, and business indicators to answer the following questions. Assuming
International Fischer Forecasts. Use the table
International Fischer-one version of Purchasing Power Parity-applies to the coming year, forecast the following future spot exchange rates using the
government bond rates for the respective country currencies:
a. Japanese yen/U.S. dollar in one year
b. Japanese yen/Australian dollar in one year
c. Australian dollar/U.S. dollar in one year
.....
Assuming International Fischer-one version of Purchasing Power Parity-applies to the coming year, forecast the following future spot exchange rates
using the government bond rates for the respective country currencies:
a. Japanese yen/U.S. dollar in one year
The future spot exchange rate for Japanese yen/U.S. dollar in one year is ¥S. (Round to two decimal places.)
Transcribed Image Text:| containing economic, financial, and business indicators to answer the following questions. Assuming International Fischer Forecasts. Use the table International Fischer-one version of Purchasing Power Parity-applies to the coming year, forecast the following future spot exchange rates using the government bond rates for the respective country currencies: a. Japanese yen/U.S. dollar in one year b. Japanese yen/Australian dollar in one year c. Australian dollar/U.S. dollar in one year ..... Assuming International Fischer-one version of Purchasing Power Parity-applies to the coming year, forecast the following future spot exchange rates using the government bond rates for the respective country currencies: a. Japanese yen/U.S. dollar in one year The future spot exchange rate for Japanese yen/U.S. dollar in one year is ¥S. (Round to two decimal places.)
11/17/21, 1:52 AM
Data Table
The table below contains economic, financial, and business indicators from 2015:
Forecasting the Pan-Pacific Pyramid: Australia, Japan, and the United States
Industrial
Unemployment
Gross Domestic Product
Production
Rate
Forecast
Forecast
Country
Latest Qtr
Qtr
2015e
2016e
Recent Qtr
Latest
Australia
4.3 %
3.8 %
4.1 %
3.5 %
4.6 %
4.2 %
Jаpan
1.6 %
-1.2 %
2.0 %
1.9 %
4.3 %
3.8 %
United States
1.9 %
3.8 %
2.0 %
2.2 %
1.9 %
4.7 %
Consumer Prices
Interest Rates
Forecast
3-month
1-yr Govt
Country
Year Ago
Latest
2015e
Latest
Latest
Australia
4.0 %
2.1 %
2.4 %
6.90 %
6.23 %
Japan
0.9 %
-0.2 %
0.0 %
0.73 %
1.65 %
United States
2.1 %
2.8 %
2.8 %
4.72 %
4.54 %
Trade
Balance
Current Account
Current Units (per US$)
Last 12 moS
Last 12 mos
Forecast 15
Country
(billion $)
(billion $)
(% of GDP)
Oct 17th
Year Ago
Australia
-13.0
-47.0
-5.7 %
1.12
1.33
Japan
98.1
197.5
4.6 %
117.00
119.00
United States
-810.7
-793.2
-5.6 %
1.00
1.00
Note: Unless otherwise noted, percentages are percentage changes over one year. Rec Qtr = recent quarter. Values for 2015e
are estimates or forecasts.
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Transcribed Image Text:11/17/21, 1:52 AM Data Table The table below contains economic, financial, and business indicators from 2015: Forecasting the Pan-Pacific Pyramid: Australia, Japan, and the United States Industrial Unemployment Gross Domestic Product Production Rate Forecast Forecast Country Latest Qtr Qtr 2015e 2016e Recent Qtr Latest Australia 4.3 % 3.8 % 4.1 % 3.5 % 4.6 % 4.2 % Jаpan 1.6 % -1.2 % 2.0 % 1.9 % 4.3 % 3.8 % United States 1.9 % 3.8 % 2.0 % 2.2 % 1.9 % 4.7 % Consumer Prices Interest Rates Forecast 3-month 1-yr Govt Country Year Ago Latest 2015e Latest Latest Australia 4.0 % 2.1 % 2.4 % 6.90 % 6.23 % Japan 0.9 % -0.2 % 0.0 % 0.73 % 1.65 % United States 2.1 % 2.8 % 2.8 % 4.72 % 4.54 % Trade Balance Current Account Current Units (per US$) Last 12 moS Last 12 mos Forecast 15 Country (billion $) (billion $) (% of GDP) Oct 17th Year Ago Australia -13.0 -47.0 -5.7 % 1.12 1.33 Japan 98.1 197.5 4.6 % 117.00 119.00 United States -810.7 -793.2 -5.6 % 1.00 1.00 Note: Unless otherwise noted, percentages are percentage changes over one year. Rec Qtr = recent quarter. Values for 2015e are estimates or forecasts. https://mylab.pearson.com/Student/PlayerHomework.aspx?homeworkId=612921036&questionId=1&flushed=false&cId=6748855&centerwin=yes 1/2
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