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Reil [10]
2 years ago
15

Suppose the real exchange rate of 105 Japanese yen to the dollar moves to 115 yen to the dollar. The dollar has ________________

_, making Japanese goods __________ expensive for Americans.
Business
1 answer:
In-s [12.5K]2 years ago
8 0

Suppose the real exchange rate of 105 Japanese yen to the dollar moves to 115 yen to the dollar. The dollar has appreciated, making Japanese goods less expensive for Americans.

The nominal exchange rate (the price in dollars of one euro, for example) and the ratio of prices in the two nations are the ingredients that make up the real exchange rate (RER) between two currencies.

The cost of imported goods is significantly influenced by exchange rates. You will typically spend much more for international goods when your own currency is weaker. As a corollary, a stronger home currency may somewhat lower the cost of imports.

Learn more about real exchange rate here

brainly.com/question/14057806

#SPJ4

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3 years ago
Big Dom’s Pawn Shop charges an interest rate of 27.5 percent per month on loans to its customers. Like all lenders, Big Dom must
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Answer:

APR is 330% and EAR is 1745.53%

Explanation:

Given:

Monthly interest rate = 27.5%

APR or annual percentage rate = 27.5×12 = 330%

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3 years ago
he Acmeville Metropolitan Bus Service currently charges $0.99 for an all-day ticket, and has an average of 433 riders a day. The
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Answer:

2.77

the bus company should  decrease price to increase revenues.

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Elasticity of demand = 60.97% /  22% = 2.77

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