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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 85 times)

Ebrown

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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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Answer to Question 1

E

Answer to Question 2

A





 

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