Suppose 94 Japanese yen (¥) trade for one (1) Australian dollar ($), the Australian price level equals $1.8 per good, and the Japanese price level equals ¥152 per good.What is the real exchange rate in Japanese goods per Australian good, rounded to two decimal points?a.1.80b.0.56c.1.11d.0.90

Suppose 0.5 British pounds (£) trade for one (1) Australian dollar ($), the Australian price level equals $3.6 per good, and the British price level equals £2 per good.What is the real exchange rate in British goods per Australian good, rounded to two decimal points?a.0.90b.1.11c.0.56d.1.80

If the price level in Japan is 3.0, the price level in Australia is 6.0, and it costs 50 Yen to buy one Australian dollar, then the real exchange rate between Australia and Japan (the price of domestic goods in terms of Japanese goods) is

If the exchange rate between AUD and USD is AUD$1=USD$0.7, and the price of good A is AUD$2,000 in Australia, and USD$1,300 in the US. Calculate the real exchange rate of USD (the US) against AUD (Australia). Group of answer choices0.930.460.65More information needed

Suppose the Australian dollar floats against the US dollar and the demand for Australian dollars in the foreign exchange market is given by   𝑄=100−50𝐸  where Q denotes the quantity of AUD and  E denotes the nominal exchange rate expressed in USD per AUD.  The supply of Australian dollars is given by 𝑄=20+50𝐸 . What is the equilibrium nominal exchange rate?Group of answer choices0.801.001.201.50

Consider the bilateral exchange rate between Australia and New Zealand. Suppose $1 AUD buys $1.05 NZD, the Australian price level is $100 AUD and the New Zealand price level is $110 NZD. Which of the following is TRUE?Group of answer choicesThe Australian dollar has more real purchasing power than the New Zealand dollarIn the long run, the New Zealand dollar is likely to depreciate against the Australian dollarThe real exchange rate is 0.90The real exchange rate is 1.10