Implied Real Interest Rates. Use the table containing economic, financial, and business indicators to answer the following questions. If the nominal interest rate is the government bond rate, and the current change in consumer prices is used as expected inflation, calculate the implied "real" rates of interest by currency. a. Australian dollar "real" rate b. Japanese yen "real" rate c. U.S. dollar "real" rate If the nominal interest rate is the government bond rate, and the current change in consumer prices is used as expected inflation, calculate the implied "real" rates of interest by currency. a. Australian dollar "real" rate The implied "real" rate of interest for the Australian dollar is %. (Round to two decimal places.) Unemployment Rate Forecasting the Pan-Pacific Pyramid: Australia, Japan, and the United States Industrial Gross Domestic Product Production Forecast Forecast Latest Qtr Qtr 2015e 2016e Recent Qtr 4.7 % 4.4 % 4.2 % 3.4 % 4.1 % 2.4 % -1.7 % 2.8 % 1.6 % 4.1 % 2.3 % 3.5 % 2.8 % 2.7 % 2.2 % Latest 4.5 % Country Australia Japan United States 3.6 % 4.9% Consumer Prices Latest Country Australia Japan United States 2.5 % Year Ago 4.4 % 0.9 % 2.2 % Forecast 2015e 2.7% 0.0 % 3.5% Interest Rates 3-month 1-yr Govt Latest Latest 6.78 % 6.16 % 0.66 % 1.69 % 4.85 % 4.55 % -0.2% 2.5 % Current Units (per US$) Country Australia Japan Trade Balance Last 12 mos (billion $) -13.5 98.1 -810.3 Current Account Last 12 mos Forecast 15 (billion $) (% of GDP) -46.9 -5.6 % 197.9 4.4 % -793.8 -5.4 % Oct 17th 1.14 115.00 Year Ago 1.37 120.00 United States 1.00 1.00