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International Fischer Forecasts. Use the table containing economic, financial, and business indicators to answer the following questions. Assuming International Fischer-one version of Purchasing Power Parity-applies

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International Fischer Forecasts. Use the table containing economic, financial, and business indicators to answer the following questions. Assuming International Fischer-one version of Purchasing Power Parity-applies to the coming year, forecast the following future spot exchange rates using the government bond rates for the respective country currencies: a. Japanese yen/U.S. dollar in one year b. Japanese yer/Australian dollar in one year c. Australian dollar/U.S. dollar in one year Assuming International Fischer-one version of Purchasing Power Party-applies to the coming year, forecast the following future spot exchange rates using the government bond rates for the respective country currencies: a. Japanese yen/U.S. dollar in one year The future spot exchange rate for Japanese yenu.8. dollar in one year is VDs. (Round to two decimal places.) Data table erd arn nd Jag Jad AUS sur ver Unemployment Rate The table below contains economic, financial, and business indicators from 2015: Forecasting the Pan-Pacific Pyramid: Australia, Japan, and the United States Industrial Gross Domestic Product Production Forecast Forecast Country Latest tr Qtr 2015 2016 Recent Qtr Australia 4.3% 3.5% 4.7% 3.4 % 4.3% Japan 1.9 % -1.9% 2.5% 1.7% 4.1 % United States 2.1% 3.8 % 2.5 % 2.4% 2.2% Jag Latest 4.1% 3.6% 4.9 % Consumer Prices Forecast 2015 Latest Country Australia Japan Year Ago 4.8 % 0.7% Interest Rates 3-month 1-ye Govt Latest Latest 0.01 0.25% 0.51 29 -0,3% 2.0. 0.0 % . Data table 3-month 1-yr Govt Latest Latest Year Ago 4.8% Latest 2.9% Forecast 2015e 2.6% 0.0 % 2.6% Country Australia Japan United States 6.25% -0.3 % 6.91 % 0.51% 4.63% 0.7% 2.4 % 1.62% 2.5% 4,51 % Current Units (per USS) Country Australia Japan United States Trade Balance Last 12 mos (billion 5) -12.9 98.6 -810.9 Current Account Last 12 mos Forecast 15 (billion $) (% of GDP) -46.8 -5.6 % 1977 4.4 % -793.6 -3.4 % Oct 17th 1.14 115.00 1.00 Year Ago 1.35 121.00 1.00 Note:Unless otherwise noted, percentages are percentage changes over one year. Red Qtr recent quarter Values for 20160 are estimates or forecasts

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