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Author Question: If the price level in Japan is 1.0, the price level in the U.S. is 2.0, and it costs 100 Yen to buy ... (Read 104 times)

Ebrown

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on: Jun 30, 2018
If the price level in Japan is 1.0, the price level in the U.S. is 2.0, and it costs 100 Yen to buy one dollar, then the real exchange rate between the U.S. and Japan is
 
  A) 2.
  B) 10.
  C) 50.
  D) 100.
  E) 200.

Question 2

Today, about ________ of U.S. workers have their wages set by collective bargaining agreements.
 
  A) 10
  B) 15
  C) 20
  D) 25


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cswans24

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

A


Ebrown

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Reply #2 on: Jun 30, 2018
Thank you :)


cswans24

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Reply #3 on: Jun 30, 2018
Happy to help you


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