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Suppose Ethiopia’s inflation rate is 100 percent over one year but the inflation rate in US is only 5 percent. a. According to relative PPP, what should happen over the year to the Ethiopian birr exchange rate against the US dollar? (1.5 point). b. If the Ethiopian price level were to triple, what would be the Ethiopian birr exchange rate against the US dollar? (Hint: use relative PPP)?

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Suppose Ethiopia’s inflation rate is 100 percent over one year but the inflation rate in US is only 5 percent. a. According to relative PPP, what should happen over the year to the Ethiopian birr exchange rate against the US dollar? (1.5 point). b. If the Ethiopian price level were to triple, what would be the Ethiopian birr exchange rate against the US dollar? (Hint: use relative PPP) (2 points).?

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Consider a more general case of first order linear differential equation: dy/dt + U(t)y =W(t): when U(t) and W(t) represent a variable coefficient and variable term, respectively. i. Find the general solution of the equation dy/dt + 3t^2 y= 0. ii. Find the general solution of the equation dy/dt + 2ty= t iii. Find the equation dy/dt +4 =4t?

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triple column cash book for Economics 2024 is part of Economics preparation. The Question and answers have been prepared according to the Economics exam syllabus. Information about triple column cash book covers all topics & solutions for Economics 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for triple column cash book.

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