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Utilizing a separate supply and demand diagram

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Effect of the price of the yen in terms of dollars

Utilizing a separate supply and demand diagram for each part, illustrate the effect of the price of the yen in terms of dollars of each of the following (hint: you will have the dollar price of the yen on the vertical axis0:

a. Lower Japanese price level
b. Fast Japanese economic growth
c. High Japanese interest rates
d. Expectation that the yen will depreciate

 

Reference no: EM1337956

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