Have no idea; Need help explaining the supply and demand curve

Price: $5 USD

Question description

  1. Consider the foreign exchange market for Japanese Yen and Dollars. Assume a market where the U.S. dollars are on the x axis as shown in the background material. Indicate whether the dollar would APPRECIATE or DEPRECIATE if the following events occur (be sure to explain your answer such as including reference to the demand or supply curve):
  2. The interest rate in Japan is lowered.
  3. Prices are lower in U.S.
  4. Higher US interest rates.

Tutor Answer

(Top Tutor) Daniel C.
School: University of Maryland
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