If $50 million in counterfeit money was passed in the United States last year, and that figure increases by 6 percent this year, then how much counterfeit money will be passed in the United States this year?
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- Suppose you are a U.S. investor who is planning to invest $100,000 in China. Your Chinese investment gains 5%. If the exchange rate moves from 7.12 Yuan per dollar to 7.14 Yuan per dollar over the period, what is your total return on this investment?Suppose you are a U.S. investor who is planning to invest $785,000 in Mexico. Your Mexican investment gains 10%. If the exchange rate moves from 12.2 pesos per dollar to 12.5 pesos per dollar over the period, what is your total return on this investment?Suppose it takes 1.3037 U.S. dollars today to purchase one British pound in the foreign exchange market, and currency forecasters predict that the U.S. dollar will depreciate by 15% against the pound over the next 30 days. How many dollars will a pound buy in 30 days?
- Suppose a basket of goods in Paris costs €134 and the same basket purchased in New York costs $151. a. At what exchange rate between euros and dollars is the cost of the basket the same in each city? b. Now suppose that over the next year inflation in France is expected to be 3% while in the U.S. the forecast is for 7% inflation. What exchange rate do you expect a year from now?Assume that today 1 Canadian dollar is worth 0.75 U.S. dollar. How many Canadiandollars would you receive for 1 U.S. dollar?Suppose one Euro can purchase 1.25 U.S. dollars today in the foreign exchange market, and currency forecasters predict that the Euro will depreciate by 20% against the US dollar over the next 60 days. How many dollars will a Euro buy in 60 days? (Please show work)
- Suppose one British pound can purchase 1.32 U.S. dollars today in the foreign exchange market, and currency forecasters predict that the U.S. dollar will appreciate by 22.0% against the U.S. dollar over the next 30 days. How many dollars will a pound buy in 30 days?On May 1, 2XX3, a bundle of goods in China costs 5,000,000 yuan, while the same goods cost $60,000 in the United States. Over the next year, inflation in the U.S. is expected to be 3%, while inflation in China is expected to be 5%. Which of the following statements is true? A. In one year the exchange rate is $84.9515/yuan and the dollar has appreciated against the yuan. B. In one year the exchange rate is $0.0118/yuan and the dollar has appreciated against the yuan. C. In one year the exchange rate is $84.9515/yuan and the dollar has depreciated against the yuan. D. In one year the exchange rate is $0.0118/yuan and the dollar has depreciated against the yuan. E. In one year the exchange rate is 84.9515yuan/$ and the dollar has depreciated against the yuan.A U.S. company can borrow 10,000 pounds in Great Britain for 6% interest, paying back 10,600 pounds in one year. Alternatively, the U.S. company can borrow an equivalent amount of U.S dollars in the United States and pay 13% interest. Assuming capital markets are efficient, estimate the expected inflation rate in the United States if inflation in Great Britain is expected to be zero.
- A U.S. company can borrow 10,000 pounds in Great Britain for 6% interest, paying back 10,600 pounds in one year. Alternatively, the U.S. company can borrow an equivalent amount of U.S dollars in the United States and pay 13% interest. Assuming capital markets are efficient, estimate the expected inflation rate in the United States if inflation in Great Britain is expected to be zero. Select one: a. 7% b. 6.6% C. 6.2% d. 5.4%Suppose that 1 Danish krone could be purchased in the foreignexchange market today for $0.16. If the krone appreciated 4% tomorrow against thedollar, how many krones would a dollar buy tomorrow?12. Scenario 5—In 2021, The U.S. government sends $100 of stimulus checks to households, which households use to buy stocks and bonds. In 2022, U.S. Metals Inc. imports $50 of iron from England. During this same year, U.S. Metals Inc. uses $40 of iron to produce $80 of steel—$60 sells to government, and $20 is exported to Germany. Refer to Scenario 5 above. What is Investment in 2022? Question 7 options: -$40 $50 $10 None of the above.