International Fischer Forecasts. Use the table containing economic, financial, and business indicators to answer the...

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International Fischer Forecasts. Use the table containing economic, financial, and business indicators to answer the following questions. Assuming International Fischer-one version of Purchasing Power Parityapplies to the coming year, forecast the following future spot exchange rates using the government bond rates for the respective country currencies: a. Japanese yen/U.S. dollar in one year b. Japanese yen/Australian dollar in one year c. Australian dollar/U.S. dollar in one year Assuming International Fischer-one version of Purchasing Power Parityapplies to the coming year, forecast the following future spot exchange rates using the government bond rates for the respective country currencies: a. Japanese yen/U.S. dollar in one year The future spot exchange rate for Japanese yen/U.S. dollar in one year is 's. (Round to two decimal places.) b. Japanese yen/Australian dollar in one year The future spot exchange rate for Japanese yen/Australian dollar in one year is DAS. (Round to two decimal places.) c. Australian dollar/U.S. dollar in one year The future spot exchange rate for Australian dollar/U.S. dollar in one year is A$s. (Round to four decimal places.) The table below contains economic, financial, and business indicators from 2015: Unemployment Rate Forecasting the Pan-Pacific Pyramid: Australia, Japan, and the United States Industrial Gross Domestic Product Production Forecast Forecast Country Latest Qtr Qtr 2015e 2016e Recent Qtr Australia 4.3% 3.8 % 4.1 % 3.5 % 4.6 % Japan 1.6 % -1.2 % 2.0 % 1.9 % 4.3 % United States 1.9 % 3.8 % 2.0 % 2.2 % 1.9 % Latest 4.2 % 3.8 % 4.7 % Country Australia Japan United States Consumer Prices Forecast Year Ago Latest 2015e 4.0 % 2.1 % 2.4% 0.9 % -0.2% 0.0 % 2.1 % 2.8 % 2.8 % Interest Rates 3-month 1-yr Govt Latest Latest 6.90 % 6.23% 0.73% 1.65 % 4.72 % 4.54% Current Units (per USS) Trade Balance Last 12 mos (billion $) -13.0 Country Australia Japan United States Current Account Last 12 mos Forecast 15 (billion $) (% of GDP) -47.0 -5.7 % 197.5 4.6% Oct 17th 1.12 117.00 Year Ago 1.33 119.00 98.1 -810.7 -793.2 -5.6 % 1.00 1.00 International Fischer Forecasts. Use the table containing economic, financial, and business indicators to answer the following questions. Assuming International Fischer-one version of Purchasing Power Parityapplies to the coming year, forecast the following future spot exchange rates using the government bond rates for the respective country currencies: a. Japanese yen/U.S. dollar in one year b. Japanese yen/Australian dollar in one year c. Australian dollar/U.S. dollar in one year Assuming International Fischer-one version of Purchasing Power Parityapplies to the coming year, forecast the following future spot exchange rates using the government bond rates for the respective country currencies: a. Japanese yen/U.S. dollar in one year The future spot exchange rate for Japanese yen/U.S. dollar in one year is 's. (Round to two decimal places.) b. Japanese yen/Australian dollar in one year The future spot exchange rate for Japanese yen/Australian dollar in one year is DAS. (Round to two decimal places.) c. Australian dollar/U.S. dollar in one year The future spot exchange rate for Australian dollar/U.S. dollar in one year is A$s. (Round to four decimal places.) The table below contains economic, financial, and business indicators from 2015: Unemployment Rate Forecasting the Pan-Pacific Pyramid: Australia, Japan, and the United States Industrial Gross Domestic Product Production Forecast Forecast Country Latest Qtr Qtr 2015e 2016e Recent Qtr Australia 4.3% 3.8 % 4.1 % 3.5 % 4.6 % Japan 1.6 % -1.2 % 2.0 % 1.9 % 4.3 % United States 1.9 % 3.8 % 2.0 % 2.2 % 1.9 % Latest 4.2 % 3.8 % 4.7 % Country Australia Japan United States Consumer Prices Forecast Year Ago Latest 2015e 4.0 % 2.1 % 2.4% 0.9 % -0.2% 0.0 % 2.1 % 2.8 % 2.8 % Interest Rates 3-month 1-yr Govt Latest Latest 6.90 % 6.23% 0.73% 1.65 % 4.72 % 4.54% Current Units (per USS) Trade Balance Last 12 mos (billion $) -13.0 Country Australia Japan United States Current Account Last 12 mos Forecast 15 (billion $) (% of GDP) -47.0 -5.7 % 197.5 4.6% Oct 17th 1.12 117.00 Year Ago 1.33 119.00 98.1 -810.7 -793.2 -5.6 % 1.00 1.00

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