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Assume the U.S. is operating below full employment and that the US trades with Japan. 1. Draw a correctly labeled graph of the FOREX market

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Assume the U.S. is operating below full employment and that the US trades with Japan. 1. Draw a correctly labeled graph of the FOREX market for the US dollar. a. Show and explain how the supply of the US dollar will be affected in the FOREX market. b. Indicate what will happen to the value of the US dollar relative to the Japanese Yen

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