(b) Between 1980 and 1995, the Yen/$ exchange rate moved from Y226.63/$ to Y 93.96/$.+ During...
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(b) Between 1980 and 1995, the Yen/$ exchange rate moved from Y226.63/$ to Y 93.96/$.+ During this 15-year period the CPI in Japan rose from 91.0 to 119.2 and the U.S CPI rose from 82.4 t0 152 .4.1 the PPP held during this period, what would the Yen/$ exchange rate have been in 1995?+ (b) Between 1980 and 1995, the Yen/$ exchange rate moved from Y226.63/$ to Y 93.96/$.+ During this 15-year period the CPI in Japan rose from 91.0 to 119.2 and the U.S CPI rose from 82.4 t0 152 .4.1 the PPP held during this period, what would the Yen/$ exchange rate have been in 1995?+
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Macroeconomics Principles and Applications
ISBN: 978-1111822354
6th edition
Authors: Robert E. Hall, Marc Lieberman
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