Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Please help on these! Real Economic Activity and Misery. Use the table 5 containing economic, financial, and business indicators to answer the following questions. Calculate
Please help on these!
Real Economic Activity and Misery. Use the table 5 containing economic, financial, and business indicators to answer the following questions. Calculate the country's Misery Index (unemployment + inflation) and then use it like an interest differential to forecast the future spot exchange rate, one year into the future. a. Japanese yen/U.S. dollar exchange rate in one year b. Japanese yen/Australian dollar exchange rate in one year c. Australian dollar/U.S. dollar exchange rate in one year Data Table X Calculate the country's Misery Index (unemployment +inflation) and then use it like an interest differential to forecast the future spot The Misery Index for Australia is 6.40%. (Round to two decimal places.) Industrial Unemployment Gross Domestic Product Production Rate The Misery Index for Japan is 3.6% (Round to two decimal places.) Forecast Forecast The Misery Index for the U.S.is 8.30 %. (Round to two decimal places.) Country Latest Qtr Qtr 2015e 2016e Recent Qtr Latest a. Japanese yen/U.S. dollar exchange rate in one year Australia 4.8 % 3.7 % 4.8 % 3.1 % 4.5 % 4.3 % The future spot Japanese yen/U.S. dollar exchange rate in one year is $. (Round to two decimal places.) Japan 2.3 % -1.9 % 2.4 % 1.7 % 4.8 % 3.6 % United States 2.6 % 4.1 % 2.4 % 2.2 % 2.2 % 4.9 % b. Japanese yen/Australian dollar exchange rate in one year The future spot Japanese yen/Australian dollar exchange rate in one year is 'A$. (Round to two decimal places.) Consumer Prices Interest Rates c. Australian dollar/U.S. dollar exchange rate in one year Forecast 3-month 1-yr Govt Country Latest Year Ago 2015e Latest Latest The future spot Australian dollar/U.S. dollar exchange rate in one year is A$s. (Round to four decimal places.) Australia 4.4 % 2.1 % 2.1 % 6.95 % 6.27 % Japan 0.8 % -0.6 % 0.0 % 0.73 % 1.68 % United States 2.4 % 2.8 % 3.4 % 4.74 % 4.59 % Trade Balance Current Account Current Units (per US$) Last 12 mos Last 12 mos Forecast 15 Country (billion $) (billion $) (% of GDP) Oct 17th Year Ago Australia -13.1 -46.4 -5.6 % 1.12 1.31 Japan 98.9 197.6 4.7 % 115.00 121.00 United States -810.7 -793.6 -5.4 % 1.00 1.00 Note: Unless otherwise noted, percentages are percentage changes over one year. Rec Qtr = recent quarter. Values for 2015e are estimates or forecasts. Enter your answer in each of the answer boxes. Print Done javascript:doExercise(2); Real Economic Activity and Misery. Use the table 5 containing economic, financial, and business indicators to answer the following questions. Calculate the country's Misery Index (unemployment + inflation) and then use it like an interest differential to forecast the future spot exchange rate, one year into the future. a. Japanese yen/U.S. dollar exchange rate in one year b. Japanese yen/Australian dollar exchange rate in one year c. Australian dollar/U.S. dollar exchange rate in one year Data Table X Calculate the country's Misery Index (unemployment +inflation) and then use it like an interest differential to forecast the future spot The Misery Index for Australia is 6.40%. (Round to two decimal places.) Industrial Unemployment Gross Domestic Product Production Rate The Misery Index for Japan is 3.6% (Round to two decimal places.) Forecast Forecast The Misery Index for the U.S.is 8.30 %. (Round to two decimal places.) Country Latest Qtr Qtr 2015e 2016e Recent Qtr Latest a. Japanese yen/U.S. dollar exchange rate in one year Australia 4.8 % 3.7 % 4.8 % 3.1 % 4.5 % 4.3 % The future spot Japanese yen/U.S. dollar exchange rate in one year is $. (Round to two decimal places.) Japan 2.3 % -1.9 % 2.4 % 1.7 % 4.8 % 3.6 % United States 2.6 % 4.1 % 2.4 % 2.2 % 2.2 % 4.9 % b. Japanese yen/Australian dollar exchange rate in one year The future spot Japanese yen/Australian dollar exchange rate in one year is 'A$. (Round to two decimal places.) Consumer Prices Interest Rates c. Australian dollar/U.S. dollar exchange rate in one year Forecast 3-month 1-yr Govt Country Latest Year Ago 2015e Latest Latest The future spot Australian dollar/U.S. dollar exchange rate in one year is A$s. (Round to four decimal places.) Australia 4.4 % 2.1 % 2.1 % 6.95 % 6.27 % Japan 0.8 % -0.6 % 0.0 % 0.73 % 1.68 % United States 2.4 % 2.8 % 3.4 % 4.74 % 4.59 % Trade Balance Current Account Current Units (per US$) Last 12 mos Last 12 mos Forecast 15 Country (billion $) (billion $) (% of GDP) Oct 17th Year Ago Australia -13.1 -46.4 -5.6 % 1.12 1.31 Japan 98.9 197.6 4.7 % 115.00 121.00 United States -810.7 -793.6 -5.4 % 1.00 1.00 Note: Unless otherwise noted, percentages are percentage changes over one year. Rec Qtr = recent quarter. Values for 2015e are estimates or forecasts. Enter your answer in each of the answer boxes. Print Done javascript:doExercise(2)Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started