Refer to the information provided in Figure 4.4 below to answer the question(s) that follow.
Figure 4.4Refer to Figure 4.4. At the world price of ________ per barrel of oil, the United States imports 6 million barrels of oil per day.
A. $100
B. $125
C. $150
D. >$150
Answer: B
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Based on this figure, if the official fixed value of krone is fixed at $0.15 per krone, then the Norwegian krone is ________ and the international reserves of Norway will ________ krone per period. 
A. undervalued; increase by 2,000 B. undervalued; increase by 5,500 C. overvalued; decrease by 2,000 D. overvalued; decrease by 5,500
A major component of the “cradle-to-grave” management system is
a. identification of hazardous waste b. a permit system for treatment, storage, and disposal facilities (TSDFs) c. a national manifest system for tracking through the waste stream d. all of the above e. (a) and (c) only
The real exchange rate measures the
a. price of domestic currency relative to foreign currency. b. price of domestic goods relative to the price of foreign goods. c. rate of domestic and foreign interest. d. None of the above is correct.
Suppose you have $400 and the inflation rate is 4 percent. In order to earn a real return of $20 on your investment, the nominal interest rate must be
A) 1 percent. B) 5 percent. C) 9 percent. D) 12 percent.