Answered You can hire a professional tutor to get the answer.
If a bundle of goods in Japan of costs y 4,000,000 while the same goods and services costs $40,000 in the United States, what is the current exchange...
If a bundle of goods in Japan of costs y 4,000,000 while the same goods and services costs $40,000 in the United States, what is the current exchange rate of U.S. dollars for yen? If, over the next year inflation is 6 percent in Japan and 10 percent in the United States, what will the goods costs next year? Will the dollars depreciate or appreciate to the yen over this time period?