The CPI in Holland is 124, and the CPI in Israel is 186. If absolute purchasing power parity holds then the Euro/Shekel exchange rate should be
A) 0.667.
B) 1.5.
C) 2.6.
D) cannot be determined by the information given.
A
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The Bureau of Labor Statistics counts discouraged workers as
a. employed. Including them as employed makes the unemployment rate lower than otherwise. b. unemployed. Including them as unemployed makes the unemployment rate higher than otherwise. c. out of the labor force. If they were counted as unemployed the unemployment rate would be higher. d. None of the above is correct.
Use the following table to answer the question below: The amount of total output produced from various combinations of labor and capital. 
If the capital stock is fixed at four units and there are three units of labor, what is the average product of labor?
A. 50 B. 140 C. 170 D. 157.5 E. none of the above
The Federal Reserve controls the long-term interest rate.
Answer the following statement true (T) or false (F)
In the above figure, which of the following is a possible explanation for the reduction in the equilibrium value of the European euro from P2 to P1?
A. the European central bank's decision to buy euros on the world market B. a decrease in the price of California wines, assuming that French wines and California wines are substitutes C. an increase in the price of California wines, assuming that French wines and California wine are substitutes D. an increase in demand for French automobiles