Suppose China Airlines wants to purchase a French Airbus. The price of the Airbus is 95 million Euro. If the exchange rate is 1 euro per 9 yuan, the price of this airplane to China Airlines is
A) 855 million yuan.
B) 85.5 million yuan.
C) 11.11 million yuan.
D) 10.6 million yuan.
Question 2
In September 2014, 32 percent of unemployed workers had been unemployed for 6 months or more. This long-term unemployment is of particular concern because
A) long-term unemployment is the most costly type of unemployment.
B) the U-3 unemployment rate no longer includes these workers in the measurement since they are long-term unemployed.
C) the employment-to-population ratio no longer includes these workers in the measurement since they are long-term unemployed.
D) the labor force participation rate no longer includes these workers in the measurement since they are long-term unemployed.
George French Angas
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