Kenneth R. Szulczyk
- Please draw the demand and supply for the U.S. dollar exchange market with the euro as the
other currency. How can the Federal Reserve strengthen the U.S. dollar relative to the euro?
Could the European Central Bank oppose this? - The Federal Reserve reduces the U.S. interest rate to jump-start the U.S. economy. What
would happen to the U.S. dollar exchange market if the Fed pursues a low “real” interest rate
policy? - Please draw the international market for the Uzbek som. The Uzbek government established
a fixed exchange rate between the Uzbek som and the U.S. dollar. What would happen if
people have less demand for this currency? What should the Uzbek government do to
maintain the pegged exchange rate? - The Japanese government has a government debt to GDP ratio approximately 200%. The
Japanese government and the Japanese citizens hold most of the debt. Does Japan have a
risk of capital flight if investors believe the Japanese government will default on its debt?