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maxonik [38]
3 years ago
14

Assume you can currently exchange one U.S. dollar for one hundred Japanese yen. Also assume the inflation rate will be 2.5 perce

nt annually in the U.S. and 2 percent in Japan. Given these assumptions, how many yen should you expect in exchange for one U.S. dollar next year?a. More than 100 b. Either 100 or more than 100 c. 100 d. Either 100 or less than 100 e. Less than 100
Business
1 answer:
Maru [420]3 years ago
8 0

Answer:

e. Less than 100

Explanation:

Inflation: Inflation can be defined as rise in general price level of the goods and services in a country.

It can also be defined as reduction in value of money.

In this case Inflation in US( 2.5%) is higher than inflation in Japan (2%). So Japanese Yen is reducing less in value from US Dollar. So, now Dollar can buy less Yen than it could buy previously.

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Answer:

The correct answer are: A. quality of its education system. B. saving rate. and E. role of the government.

Explanation:

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3 years ago
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8 0
3 years ago
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iragen [17]

Answer:

True

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6 0
2 years ago
Describe three reasons as to why GM builds cars in China. Should GM do what the USA President wants and move production of cars
Marianna [84]

Answer:

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China has lower labor costs. This is the main reason, a Chinese worker earns a lot less than an American worker, and this results in a substantial cost reduction for GM.

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