Macroeconomics
10th Edition
ISBN: 9780134896441
Author: ABEL, Andrew B., BERNANKE, Ben, CROUSHORE, Dean Darrell
Publisher: PEARSON
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Chapter 13, Problem 2RQ
To determine
To Explain: The key types of exchange rate systems and the one that determines the values of major currency types
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subject to X1
X2
Maximize dollars of interest earned = 0.07X1+0.11X2+0.19X3+0.15X4
≤ 1,000,000
<2,500,000
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≤ 1,500,000
X4
≤ 1,800,000
X3 +
XA
≥
0.55 (X1+X2+X3+X4)
X1
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0.15 (X1+X2+X3+X4)
X1
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XA
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5,000,000
X1, X2, X3, X4 ≥
0
not use ai
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