The exchange rate between the U.S. dollar and the Japanese yen change
A. every five years.
B. on a yearly basis.
C. on a monthly basis.
D. at times from one minute to the next.
D. at times from one minute to the next.
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The table above has information about the CPI, nominal wage rate, and nominal interest rate for the country of Syldavia for the years 2010 to 2012. The reference base year is 2010. The real interest rate in Syldavia during 2012 was
A) 2.8 percent. B) 5.2 percent. C) 9.0 percent. D) 0.6 percent. E) 8.4 percent.
Let's assume that two countries have imposed high tariffs on each other's products and services to the point where all trade between the two countries has disappeared
Assume a newly elected member of parliament in one of the countries makes a proposal for unilateral tariff reduction regardless of whether the other country wishes to follow suit. Explain why such a policy change would actually be a good idea.
Two important theories of unemployment are
A) game theory and search theory. B) search theory and the efficiency wage theory. C) the efficiency wage theory and the quantity theory. D) the quantity theory and game theory.
A decrease in the number of dry cleaners in an area can be represented by a(n)
a. downward movement along the dry cleaning supply curve b. upward movement along the dry cleaning supply curve c. leftward shift in the dry cleaning supply curve d. rightward shift in the dry cleaning supply curve e. vertical dry cleaning supply curve