These are for a study guide ( not a grade please do not decline) Question 1: A currency depreciates if it buys less of a foreign chrr. The US dolalr reprecisted against what currencies from month 1 to 2 explain using numbers from the chart Question 2: Spanish holders of real estate and transportation in Spain are attracting investment ma from British investors using pound Sterling. In what month do the British investors buy Spanish real estate and transportation. Explain using numbers and show how you got it. Question 3: An American company contracts a Japanese's architect to design a new building in Seattle for 8,075000 dollars. How much in yen would it cost in month 1 vs month 2. Which month would the Americans prefer to pay off the contract. Show math **Exchange Rate Tables for Months 1 and 2**The tables below provide exchange rates between five currencies: the US Dollar (USD), British Pound (GBP), Chinese Yuan (CNY), Japanese Yen (JPY), and Euro (EUR) for two different months. Each currency is valued in relation to the others.### Exchange Rate Table for Month 1| Currency | US Dollar ($1 =) | British Pound (£1 =) | Chinese Yuan (¥1 =) | Japanese Yen (¥1 =) | Euro (€1 =) ||----------------|------------------|----------------------|--------------------|--------------------|------------|| **US Dollar** | --- | 1.32 | .16 | .0088 | 1.13 || **British Pound** | .76 | --- | .12 | .0067 | .85 || **Chinese Yuan** | 6.37 | 8.46 | --- | .056 | 7.21 || **Japanese Yen** | 113.04 | 149.55 | 17.75 | --- | 127.55 || **Euro** | .89 | 1.17 | .14 | .0078 | --- |### Exchange Rate Table for Month 2| Currency | US Dollar ($1 =) | British Pound (£1 =) | Chinese Yuan (¥1 =) | Japanese Yen (¥1 =) | Euro (€1 =) ||----------------|------------------|----------------------|--------------------|--------------------|------------|| **US Dollar** | --- | 1.40 | .20 | .0080 | 1.17 || **British Pound** | .70 | --- | .11 | .0065 | .89 || **Chinese Yuan** | 6.20 | 8.72 | --- | .062 | 7.59 || **Japanese Yen** | 116.24 | 146.89 | 16.32 | --- | 117.2 || **Euro** | .92 | 1.11 | .15 | .0078 | --- |**Explanation of Tables:**- Each row represents a base currency (e.g

Exchange Rate is defined as the price of one country's currency in terms of another country's…

Answered: Question 1: A currency depreciates if…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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These are for a study guide ( not a grade please do not decline)

Question 1: A currency depreciates if it buys less of a foreign chrr. The US dolalr reprecisted against what currencies from month 1 to 2 explain using numbers from the chart

Question 2: Spanish holders of real estate and transportation in Spain are attracting investment ma from British investors using pound Sterling. In what month do the British investors buy Spanish real estate and transportation. Explain using numbers and show how you got it.

Question 3: An American company contracts a Japanese's architect to design a new building in Seattle for 8,075000 dollars. How much in yen would it cost in month 1 vs month 2. Which month would the Americans prefer to pay off the contract. Show math

**Exchange Rate Tables for Months 1 and 2**

The tables below provide exchange rates between five currencies: the US Dollar (USD), British Pound (GBP), Chinese Yuan (CNY), Japanese Yen (JPY), and Euro (EUR) for two different months. Each currency is valued in relation to the others.

### Exchange Rate Table for Month 1

| Currency | US Dollar ($1 =) | British Pound (£1 =) | Chinese Yuan (¥1 =) | Japanese Yen (¥1 =) | Euro (€1 =) |
|----------------|------------------|----------------------|--------------------|--------------------|------------|
| **US Dollar** | --- | 1.32 | .16 | .0088 | 1.13 |
| **British Pound** | .76 | --- | .12 | .0067 | .85 |
| **Chinese Yuan** | 6.37 | 8.46 | --- | .056 | 7.21 |
| **Japanese Yen** | 113.04 | 149.55 | 17.75 | --- | 127.55 |
| **Euro** | .89 | 1.17 | .14 | .0078 | --- |

### Exchange Rate Table for Month 2

| Currency | US Dollar ($1 =) | British Pound (£1 =) | Chinese Yuan (¥1 =) | Japanese Yen (¥1 =) | Euro (€1 =) |
|----------------|------------------|----------------------|--------------------|--------------------|------------|
| **US Dollar** | --- | 1.40 | .20 | .0080 | 1.17 |
| **British Pound** | .70 | --- | .11 | .0065 | .89 |
| **Chinese Yuan** | 6.20 | 8.72 | --- | .062 | 7.59 |
| **Japanese Yen** | 116.24 | 146.89 | 16.32 | --- | 117.2 |
| **Euro** | .92 | 1.11 | .15 | .0078 | --- |

**Explanation of Tables:**

- Each row represents a base currency (e.g

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