Exchange rate (yen per $) 70 80 90 100 110 120…

Exchange rate (yen per $) 70 80 90 100 110 120 Quantity Supplied in U.S. $’s  (Billions) 20 30 40 50 60 70 Quantity Demanded in U.S. $’s  (Billions) 80 70 60 50 40 30   (a) Graph the demand and supply curves on your scratch paper (be sure to label the vertical and horizontal axes, provide numerical values for each axes, and label the equilibrium price P* and equilibrium quantity Q*).    (b) What is the equilibrium exchange rate yen per dollar (how many yen do you get for a dollar)?    (c) What is the equilibrium exchange rate in dollars per yen (how many dollars do you get for a yen)?   (d) Which would you prefer to have, $5,000 dollars or 500,000 yen, if your bank will exchange yen for dollars at the equilibrium exchange rate from part (a). You will need to provide an explanation and show your calculations to support your answer.

I am aware that I must do the following to take the final ex…

I am aware that I must do the following to take the final exam: after answering this question, and without closing this quiz. I will open a new web browser in Chrome and enter www.scorebuilders.com From there I will click LOGIN, then ONLINE ADVANTAGE, then SIGN IN using the provided username and password (feel free to write these instructions down). AFTER FINISHING THE EXAM WITHIN SCOREBUILDERS, I understand that I must return to this quiz in D2L within the allotted time and answer one final question, then click SUBMIT within D2L.