Question: I need Help with Fred graph about the plotted. please explain!! thank you 1. Exchange rates can exhibit sudden changes as well as long-run patterns.
I need Help with Fred graph about the plotted. please explain!! thank you
| 1. Exchange rates can exhibit sudden changes as well as long-run patterns. | |||||||||||||
| a. Plot the U.S. dollarAustralian dollar exchange rate (FRED code: EXUSAL) identify long-run swings and short-term spikes. Which currency is appreciating when the plotted exchange rate falls? please explain!! | |||||||||||||
| b. Repeat the exercise for the Japanese yenU.S. dollar exchange rate (FRED code: EXJPUS). please explain!! | |||||||||||||
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