What exchange rate represents ppp today

Assignment Help Econometrics
Reference no: EM131347163

If core price inflation has grown at a compound growth rate of 2 percent per annum in the United States and 0.04 percent in Japan for the past eight years, what exchange rate represents PPP today if the two currencies eight years ago in 2002 were in parity and exchanged at the rate of ¥120/$?

Reference no: EM131347163

Questions Cloud

Describe the four different financial reports-stakeholders : Describe the concept of lease versus buy and how you would determine the best choice? Describe the four different financial reports, the stakeholders, and how they use them.Remember to support your position
The call option value of his perfect foresight : Portfolio managers Martin and Krueger each manage $1.5 million funds. Martin has perfect foresight, and the call option value of his perfect foresight is $225,000. Krueger is an imperfect forecaster and correctly predicts 45% of all bull markets and ..
Evaluate the influence of diversity on psychologys concepts : Evaluate the influence of diversity on psychology's major concepts.Identify two examples of subdisciplines and two examples of subtopics within psychology. Examples of major concepts and their subtopics include the following:
Determine the explosive energy of nitroglycerin : Find the values of a, b, c, and d in the following reaction describing the detonation of nitroglycerin:- Determine the explosive energy of nitroglycerin in MJ/kg.
What exchange rate represents ppp today : what exchange rate represents PPP today if the two currencies eight years ago in 2002 were in parity and exchanged at the rate of ¥120/$?
Expansion project-requires an initial fixed asset investment : Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.43 million. The fixed asset will be depreciated straight-line to zero over its three-year tax life, after which time it will be w..
Give an illustration of each factor using nafta economies : What three factors determine whether two economies with separate fiscal and monetary authorities should form a currency union? Give an illustration of each factor using NAFTA economies.
Summary of an internal audit engagement performed : A summary of an internal audit engagement performed at the request of executive management is presented below. The claims department of Gecko Insurance Company has instituted new claims procedures for local offices. Develop an alternative internal au..
Compare the forecast accuracy : Compare the forecast accuracy of at least two alternative forecasting methods.

Reviews

Write a Review

Econometrics Questions & Answers

  For the perfectly competitive firm find total revenue

Discuss the differences you observe in your answers above between the monopoly and perfectly competitive firm. x-axis 0 8 18 21 30 price and cost per unit y-axis 0 20 33 35 40 quanity.

  Compute the effective interest rate per year

Jane invested $ 9,000 in a high yield bank account. At the end of 15 years she closed the account and received $299,000. Compute the effective interest rate per year she received on the account if the interest was compounded yearly.

  How much would be demanded if the sugar were free

The Demand for sugar in Canada in terms of it's price, P, was once estimated to be QD = 135 - 8P. If this equation were valid today, calculate the following: (a) How much would be demanded at P = 10 b) How much would be demanded if the sugar were fre..

  How to use them to make appropriate economic decisions

As you are analyzing the data, apply econometrics methods (linear regression, statistical mathematics, nonlinear regression, or another relevant model) to validate data and determine strategies and solutions for the economic data retrieved. Data n..

  Inevitable limitations of commodity economies

Each society in the nation is suddenly responsible for designing its own local commodity based financial system, and you have been assigned the task of selecting what commodity your society will use and how it will be implemented.

  What is the standard deviation of acres burned per year

the number of acres burned by forest fires and range fires each year is normally distributed with a mean of 5,300 acres. Last year 4,400 acres burned and it was reported that this acreage was 1.43 standard deviations below the mean.

  Discuss the role of finance in the health services industry

Has this role increased or decreased in importance in recent years?

  How long will it take for output to double

Now suppose technology grows at a rate of 2 percent. Recalculate your answers to ( a ) and ( b ).

  Illustrate the payment amounts and schedule for the loan

J&J Cattle has purchased a quarter section of land for $160,000. They make a down payment of $20,000, and the remainder of the purchase price ($140,000) is financed at 12 percent compounded quarterly with quarterly payments over 2 years.

  What reliance behavior would be considered efficient

If so, how? What reliance behavior would be considered efficient? What reliance behavior would be considered excessive?

  Comment on the efficiency of this policy initiative

The government has announced that it intends to cut national taxes and boost spending on the national education system to reduce unemployment in the north-west. Comment on the efficiency of this policy initiative.

  How to identify a segment and is unsure

Speculate as to why there has been an increase in reporting requirements in the last ten (10) years. Also, give your opinion on whether the increase in reporting requirements has improved investors' and creditors' confidence in corporations. Provi..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd