ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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With aid of a diagram, explain the impact of the devaluation of the Dominican Republic dollar on the
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- Why are aircraft one of the United States' greatest exports? The demand for aircraft is high. The US has a great deal of technological knowledge. The American dollar is cheap compared to other currencies.arrow_forwardYou take out a 30 year mortage at an annual interest rate of 6% which you will repay in monthly installments if the loan was for a total of 301, 251 how kuch will your monthly payment be? ( Please currect answer)arrow_forwardplease answer in text form and in proper format answer with must explanation , calculation for each part and steps clearlyarrow_forward
- Swedish net exports will when the price level in Sweden drops, due to the decrease; international trade effect decrease; exchange rate effect increase; PPP effect increase; exchange rate effect increase; international trade effectarrow_forwardYou have the following annual data for the New Zealand economy ($bn): GDP (Y) = 184 Gross National Disposable Income (Yd) = 171 Net exports of goods and services (NX) = 0 Private Consumption (C) = 106 Government consumption (G) = 34 Based on this data, complete the following paragraph (enter numbers only). Investment (I) is equal to $____bn. The current account SELECT (surplus or deficit) is equal to $_____bn. The capital account part of the balance of payments (which for the purposes of this question includes both capital and financial accounts) therefore shows a SELECT (surplus or deficit) of $_____bn. National savings is equal to $_____bn.arrow_forwardThe following is a graph of an index from 4/9/2018-7/3/018 that tracks the movement of 25 emerging market currencies relative to the U.S. dollar. The currencies include the Russian ruble, Mexican peso, Brazilian real, Chinese Yuan, Indian Rupee, etc. The graph illustrates a steady appreciation of the dollar against these 25 currencies: Apr 9, 2018 Apr 23, 2018 May 7, 2018 May 21, 2018 Jun 4, 2018 Jun 18, 2018 Jul 2, 2018 1,700.00 1,680.00 1,660.00 1,640.00 1,621.99 Question: In the short-run, where firms in those emerging markets can't adjust their purchasing habits with the U.S., what is likely to happen to the price level? The price level and the inflation rate is likely to decline because imports from the U.S. are going to become much cheaper. This is due to the fact that the dollar has become much cheaper for these emerging markets. The price level is likely to fall because exports will increase dramatically for these countries. This is due to the fact that movements in a country's…arrow_forward
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