Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Economics Posted 13 May 2018 My Price 5.00

Chinese government

2) Refer to figure above. If the Chinese government wants to peg its currency to the dollar to make Chinese exports cheaper to the United States, should they choose an exchange rate of greater than $.13/yuan, less than $.13/yuan, or equal to $.13/yuan? 3) Refer to figure above. Are U.S imports into China cheaper at exchange rates greater than $.13/yuan or less than $.13/yuan? 4) A Big Mac sells for $4.56 in the U.S., and sells for 28.5 kroner in Denmark. The actual exchange rate is 5.82 kroner/dollar. a) What is the implied exchange rate? b) Is the U.S. dollar overvalued or undervalued vs. the kroner?

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Maurice Tutor
(5)
Status NEW Posted 13 May 2018 02:05 PM My Price 5.00

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