Relationship b/w u.s. real money supply and dollar exchange, International Economics

Assignment Help:

To answer the following question, please refer to the figure below.Concentrating only at the lower left quadrant, discuss the relationship between the U.S. real money supply and the dollar/euro exchange rate, E$/E.

1435_U.S. real money supply and the dollar-euro exchange rate.png

 

Answer:  The lower left quadrant in the figure described the PPP (Purchasing Power Parity) relationship. The relationship with the U.S real money supply and the dollar/euro exchange rate E$/E is negative.s

E$/E is equal to the price level ratio PUS/ PE in this derivation of the relationship the following variables are assumed constants,

M1US, RE, and PE

So, E$/E = M1US/PUS

The raise in PUS leads to a positive increase in E$/E.

P1US will shift to P2US

Therefore the purchasing power of the dollar decreases because of the increase in the price level.

E1$/E will shift to E2$/E

Explicitly the dollar depreciates due to PPP.

 


Related Discussions:- Relationship b/w u.s. real money supply and dollar exchange

Comparatitve advantage, what are the limitation of comparative advantage?

what are the limitation of comparative advantage?

Types of international transactions, Q. What types of international transa...

Q. What types of international transactions are recorded in the balance of payment accounts? Answer: Three kinds' transactions that involve exports and imports of goods and s

International economics, "1. Describe the important benefits enjoyed by...

"1. Describe the important benefits enjoyed by Indian companies through TRIPs. Elaborate the main objectives of WTO in global economy. 2. "Leontiff paradox is proved in th

Trade unions, conditions for trade unions to claim for higher wages

conditions for trade unions to claim for higher wages

Ppp theory with regard to the real exchange rates, Q. What are the pr...

Q. What are the predictions of the PPP theory with regard to the real exchange rates? Answer: The real exchange rate among two countries is a broad summary measure of

Foreign trade, What are the two main base of foreign trade ?

What are the two main base of foreign trade ?

Trade theory, haberler`s theory of neoclassical theory of trade

haberler`s theory of neoclassical theory of trade

Types of transactions between the residents of countries, Q. What a...

Q. What are the three types of transactions between the residents of different countries? Answer: 1. Trades of services and goods for goods or services. 2

Write Your Message!

Captcha
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