Purchasing Power Parity Forecasts. Use the table containing economic, financial, and business indicators to answer the following questios Assuming puchasing power pahd, and assuming that the forecasled change in consumer prices is a good proxy of predicted infation, forecast the following exchange rates a. Japanese yen/tUS dollar in one year b. Japanese yen/Australian dolar in one year c. Australian dollarUS, dolar in one year Assuming purchasing power party, and assuming that the forecasted change in consumer prices is a good proxy of predicted infation, forecast the following exchange rates a. Japanese yen/U S dolar in one year The forecast of the spot rate for Japanese yen/US dollar in one year is VS (Round to two decimal places) Enter your answer in the answer box and then click Check Answer 2 parts remaining Check Awr Clear A 1000 PM O Type here to search de ENG 10/13/2019 Y Counuy Tear Ago Tatest Laurst Lanest Australia 4.4% 22% 2.6% 6.84% 628 % Jan 0.5% -0.4% 0.0 % 0.73 % 1.68% United States 2.2% 2.3% 2.6% 4.65 % 4.52 % Trade Balance Current Account Current Units (per US$) Last 12 mos Last 12 mos Forecast 15 Country (billion S) (billion S) (% of GDP) Oct 17th Year Ago Australia -12.6 -46 5 -5.6 % 1.13 1.32 Japan 98.2 1978 45% 115.00 120.00 United States -810 5 -793 3 -5.6 % 1 00 1.00 Note: Unless otherwise noted, percentages are percentage changes over one year Rec Qtr recent quarter Values for 2015e are estimates or forecasts Print Done Gheck An Clear A d0 ENG e o search Purchasing Power Parity Forecasts. Use the table containing economic, financial, and business indicators to answer the following questios Assuming puchasing power pahd, and assuming that the forecasled change in consumer prices is a good proxy of predicted infation, forecast the following exchange rates a. Japanese yen/tUS dollar in one year b. Japanese yen/Australian dolar in one year c. Australian dollarUS, dolar in one year Assuming purchasing power party, and assuming that the forecasted change in consumer prices is a good proxy of predicted infation, forecast the following exchange rates a. Japanese yen/U S dolar in one year The forecast of the spot rate for Japanese yen/US dollar in one year is VS (Round to two decimal places) Enter your answer in the answer box and then click Check Answer 2 parts remaining Check Awr Clear A 1000 PM O Type here to search de ENG 10/13/2019 Y Counuy Tear Ago Tatest Laurst Lanest Australia 4.4% 22% 2.6% 6.84% 628 % Jan 0.5% -0.4% 0.0 % 0.73 % 1.68% United States 2.2% 2.3% 2.6% 4.65 % 4.52 % Trade Balance Current Account Current Units (per US$) Last 12 mos Last 12 mos Forecast 15 Country (billion S) (billion S) (% of GDP) Oct 17th Year Ago Australia -12.6 -46 5 -5.6 % 1.13 1.32 Japan 98.2 1978 45% 115.00 120.00 United States -810 5 -793 3 -5.6 % 1 00 1.00 Note: Unless otherwise noted, percentages are percentage changes over one year Rec Qtr recent quarter Values for 2015e are estimates or forecasts Print Done Gheck An Clear A d0 ENG e o search