Stock market crashes, Using the S/D of $ and S/D of ¥

Stock market crashes

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Reference no: EM131392034

Using the S/D of $ and S/D of ¥ (yen), answer the following questions. Make sure to draw both graphs.

a. What happens to the p and q of $ and of ¥ when the Japanese demand more iPods?

b. What happens to the p and q of $ and of ¥ when the US stock market crashes?

Reference no: EM131392034

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