Question: Please help me answer the both Questions, Thank you. 4. In the following chart, has the stated currency appreciated or depreciated? Ex rate at t=1
Please help me answer the both Questions, Thank you.
4. In the following chart, has the stated currency appreciated or depreciated? Ex rate at t=1 Ex rate at t=2 Currency Yen Appreciated Depreciated Euro Appreciated Depreciated 101 yen/$ 26 peso/euro 3.1 real/$ 1.12 CAD/USD 93 yen/$ 27 peso/euro 3.3 real/$ 1.22 CAD/USD Real Appreciated Depreciated USD Appreciated Depreciated 1.20 SFr/Euro 1.23 SFr/euro SFr Appreciated Depreciated 5. State whether each of the following events will shift the demand or supply of Argentine pesos, to the left or the right and whether, as a result, the peso will appreciate or depreciate. Because Argentina has resolved its international debt problems, US and European investors begin buying Argentine stocks. Rapid growth in Argentina causes Argentines to buy foreign-made automobiles. Concerns about mad cow disease in Argentine cattle causes the country's exports of beef to plummet
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