Q1 if argentina wanted to pay off their us dollar debt

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Q1. If Argentina wanted to pay off their U.S. dollar debt after the peso devalued, how many Argentine pesos would it cost given the new exchange rate you just calculated? What would this mean for Argentina?

Q2. Compute values of nominal GDP and P. Compute the inflation rate. Given Y= 800, 2008, MS= $2000, P= $5/bushel,

a) compute 2009 values of nominal GDP and P. Compute inflation rate for '08-'09.

b) If tech. causes Y=824 in 2009. What is inflation rate from '08-'09

Reference no: EM13353847

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