Problem 9-20 (LG 9-7) A bundle of goods in Japan costs 42,520,000 while the same goods and services cost $34,000 in the United States. a. If purchasing power parity holds, what is the current exchange rate of U.S. dollars for yen? b. If, over the next year, Inflation is 10 percent in Japan and 8 percent in the United States, what will the goods cost next year? c. Will the dollar depreciate or appreciate relative to the yen over this time period? Complete this question by entering your answers in the tabs below. Required A Required B Required C If purchasing power parity holds, what is the current exchange rate of U.S. dollars for yen? (Round your answer to 4 decimal places. (e.g., 32.1616)) Current exchange rate per yen Red Required B) Problem 9-20 (LG 9-7) A bundle of goods in Japan costs 42,520,000 while the same goods and services cost $34.000 in the United States. a. If purchasing power parity holds, what is the current exchange rate of U.S. dollars for yen? b. If over the next year, inflation is 10 percent in Japan and 8 percent in the United States, what will the goods cost next year? c. Will the dollar depreciate or appreciate relative to the yen over this time period? Complete this question by entering your answers in the tabs below. Required A Required B Required If, over the next year, inflation is 10 percent in Japan and 8 percent in the United States, what will the goods cost next year? Cost of Goods Japan United States