rencies, cent depreciation of the dollar affect foreigners' net foreign claims on the U.S. measured in U.S. dollars (as a percent of U.S. GDP)? (Y nd your answer to the whole percentage point, no decimals.) perience a net capital loss equal to percent of U.S. GDP.
rencies, cent depreciation of the dollar affect foreigners' net foreign claims on the U.S. measured in U.S. dollars (as a percent of U.S. GDP)? (Y nd your answer to the whole percentage point, no decimals.) perience a net capital loss equal to percent of U.S. GDP.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:Suppose the U.S. foreign assets are 66 percent of the U.S. GDP, and the U.S. foreign liabilities are 94 percent of the U.S. GDP. Moreover, suppose that 57 percent
of U.S. foreign assets are denominated in foreign currencies, while all liabilities to foreigners are denominated in U.S. dollars.
How will a 11 percent depreciation of the dollar affect foreigners' net foreign claims on the U.S. measured in U.S. dollars (as a percent of U.S. GDP)? (You will need
a calculator. Round your answer to the whole percentage point, no decimals.)
Foreigners will experience a net capital loss equal to
percent of U.S. GDP.
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