If the U.S. real exchange rate is 125, the U.S. price index is 140, and the Japanese price index is 165, what is the yen to dollar exchange rate?
A) 106.06 B) 125.65 C) 147.32 D) 184.80
C
You might also like to view...
Which of the following will NOT occur in the short run when the money supply decreases?
A) The interest rate will increase. B) The price level decreases. C) People will buy fewer goods and services. D) Aggregate supply decreases.
What helps to explain the remarkable 7.3% growth rate in South Korea between 1960 and 2011?
A) The education of South Korean women B) A radical reduction in foreign imports and a maximization of South Korean exports C) Huge foreign aid from the World Bank D) All of the above. E) None of the above.
Utilitarianism is a principle whose goal is ________
A) the greatest happiness for the greatest number B) the greatest pay for the greatest number C) equal pay for equal work D) equal happiness for all workers
A country has $3 billion of domestic investment and net exports of $2 billion. What is its saving?
a. $1 billion b. $2billion c. $3 billion d. $5 billion