QUESTION 4The price index in the U.S. is 100, the price index in Japan is 95, and the nominal exchange rate between Yen and Dollar (USD/JPY) is 114. Then the real exchangerate isNote: Type in your answer rounded to two decimal places, i.e., your answer must be of the form "999.99". I will not be able to fix correct answers that were enteredincorrectly, such as "999.999" or "999,99" or "999". In case the last digit in the correct answer is zero, e.g., "999.90" or "999.00", Blackboard may automatically delete itand you should not do anything about it. In case of percentages, do not type in the percentage symbol "%". If your answer is a negative number, type a dash in front ofyour answer, i.e, "-999.99".

Answered: QUESTION 4 The price index in the U.S.…

QUESTION 4 The price index in the U.S. is 100, the price index in Japan is 95, and the nominal exchange rate between Yen and Dollar (USD/JPY) is 114. Then the real exchange rate is

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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