Use this data on recent changes in Somalia's GDP deflator to determine which statement about Somalia during 2020 is true. Year Percentage Change in the GDP Deflator 2016 -0.85% 2017 -0.97% 2018 0.46% 2019 7.17% 2020 7.90% O Somalia's inflation rate increased between 2019 and 2020. O Somalia experienced disinflation in 2020. O Somalia experienced hyperinflation in 2020. O Somalia experienced deflation in 2020.
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- An analyst gathered the following year-end price level data for an economy: 2014 2018 2019 a. What is the economy's annual inflation rate for 2019? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Inflation rate 178 194.3 200.8 Average rate % b. What is the average compounded inflation rate for 2014-2019? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) %SECTION BREAK - Answer All Part Questions Nominal GDP (in sbillion) $600 648 701 755 Year 2019 2020 2021 O c. 2022 Refer to the information above to answer this question. What is the value of the GDP deflator in 2020? O a. 100.0 O b. 103.0 104.6 O d. 108.2 Real GDP (in sbillion) $600 629 658 699A country in Southeast Asia states it's gross domestic product in terms of yen. Last year it's GDP was 50 billion yen when one U.S. dollar could be exchanged into 120 yen. Required : a. Determine the country's GDP in terms of U.S. dollars for last year.
- Suppose that in 2020, the rate of inflation in Denmark was 0.6%, and the rate of inflation in the Euro area was 2.2%. If the Euro depreciated relative to the Danish Krone by 0.75% in the same year, what would be the magnitude of the movement of the real exchange rate (RER) of the Euro relative to the Danish Krone? Euro appreciated in real terms by 2.35 percent. Euro depreciated in real terms by 2.30 percent. Euro appreciated in real terms by 100.83 percent. O d. Euro appreciated in real terms by 0.83 percent. O c.Expected Real Rates of Interest for Five Countries Country Nominal Interest Inflation Rate Expected Real Rate of Interest Rate Forecast Australia 4.5% 3.1% Japan 0.1% 1% Brazil 4.6% 6.15% South Africa 6.5% 4.2% United States 1.2% - 0.95% Source: Trading Economics, September, 2010 Table 12.1 Refer to Table 12.1. Assuming the inflation rate forecast to be accurate, which nation would pay the highest nominal rate of return? O A. Australia O B. South Africa O C. the United States O D. Brazil Click to select your answer.Currency in Circulation (2019) 20.25 billion currency units Reserves (2019) 17.10 billion currency units M1 (2019 1,232.95 billion currency units M2 (2019) 1,319.40 billion currency units 2. Calculate the size of the monetary base in 2019. Calculate the size of demand (checking) deposits in 2019. Calculate the size of savings deposits in 2019.
- Suppose that today is 13 August 2019 and the current exchange rate is HKD 6.20 per AUD 1.00. The figure below shows your prediction with respect to the HKD's movements relative to the AUD between now and mid-September 2019. HKD per AUD 7.2 6.8 6.4 6.0 13/08 18/08 23/08 28/08 2/09 7/09 12/09 today Note: HKD = Hong Kong Dollar; AUD = Australian Dollar. %3D %3D You intend to capitalize on your prediction by using the 15/9/2019-maturity forward contract, which is currently priced at HKD 6.00 per AUD 1.00. Which of the following are you most likely to undertake today to capitalize on your prediction? (Select the best answer.) O a. Long forward contract to buy AUD O b. Short forward contract to sell AUD O C. Long forward contract to sell HKD O d. Either (a) or (c) will workAn analyst gathered the following year-end price level data for an economy: 2014 2018 2019 191 207.3 213.8 a. What is the economy's annual inflation rate for 2019? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Inflation rate % b. What is the average compounded inflation rate for 2014-2019? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Average rate %Identify the inflation rate India and USA. Then identify the percentage change of your home currency with respect to that foreign country. Did the currency change in the direction and by the magnitude that you would have expected according to PPP? If not, offer possible reasons for this discrepancy. India Inflation rate = 5.3% USA inflation rate = 7% Spot rate = 74.86 Rs
- As of January 2020, the debt capita of Canadians has increased to? A. $28,829 B. $38,829 C. 18,829 D. 8,8293- Sri Lanka Rupee (SLRS) fluctuates in recent times due to its economic situation. The Sri Lanka Rs trading in December 2020 at SLRS 181.5/$. The Sri Lanka Rs. is expected to appreciate by 7% in 2021. a- What will be the exchange rate after appreciation of the Sri Lankan currency? b- What will be the percentage change of Sri Lanka currency if, on March 31, 2021, it is trading at SL Rs 179.9/$?Integrating IRP and IFE Assume the following information is available for the United States and Europe: U.S. EUROPE Nominal interest rate 4% 6% Expected inflation 2% 5% Spot rate — $1.13 One-year forward rate — $1.10 Does IRP hold? According to PPP, what is the expected spot rate of the euro in one year? According to the IFE, what is the expected spot rate of the euro in one year? Reconcile your answers to parts (a) and (c).
