This whole assignment is group work and your part is finishing Task 2 Qa and Qb, former part is done by my friends.
And down below are some suggestions I can give you please follow the instruction file and my suggestions:
a.
1–The reason why we choose these data (economic relevance, availability of data, interest rate) for the comparisons between these two countries is.
2–why do we think USD could be compared with AUD
3–focus on the relationship between these two currencies and the comparison of the difference between different currencies
4–No more things about the definition part
5– on the availability of data, you need to emphasize whether the data available each month is comprehensive and can it be used to draw appropriate conclusions
b.
1–You need to collect all the historical data in the form of Excel.
2–You need to provide three Excel files that contain the exchange rate of USD and AUS, the interest rates of USD and AUS, and the inflation rate of USD and AUS respectively, which contains the data in every months from January 2010 to December 2023.
3–Need to show exactly how to convert raw data into usable data and you need to list UIP and PPP calculations and formulas, and how you use these formulas
4–What does each of the data represent in the formula and what part of the formula does the data correspond to
5–delete everything about the definition part.
Please read the instructions, my suggestion, and the video I uploaded carefully, they will tell you everything you need to do.
Category: Finance in the Global Economy
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Comparing the Exchange Rates, Interest Rates, and Inflation Rates between the United States and Australia: A Comprehensive Analysis