Questions from Macroeconomics

Q: If a pound of U.S. pork cost 40 rupiah

If a pound of U.S. pork cost 40 rupiah in Indonesia before the Asian crisis, how much did it cost when the dollar value of the rupiah fell by 80 percent?

Q: If a PlayStation 3 costs 20,000 yen in Japan,

If a PlayStation 3 costs 20,000 yen in Japan, how much will it cost in U.S. dollars if the exchange rate is (a) 120 yen = $1? (b) 1 yen = $0.00833? (c) 100 yen = $1?

Q: Between 1980 and 2003, by how much did the dollar appreciate

Between 1980 and 2003, by how much did the dollar appreciate (Figure 20.3)?

Q: If inflation raises U.S. prices by 3 percent and

If inflation raises U.S. prices by 3 percent and the U.S. dollar appreciates by 5 percent, by how much does the foreign price of U.S. exports change?

Q: In what respects are modern forms of money superior to the colonial

In what respects are modern forms of money superior to the colonial use of wampum as money?

Q: Why do banks pay higher interest rates for longer-term certificates

Why do banks pay higher interest rates for longer-term certificates of deposit?

Q: Who gained and who lost from the price changes in Table 7

Who gained and who lost from the price changes in Table 7.2? Table 7.2:

Q: If all banks heeded Shakespeare's admonition "Neither a borrower nor a

If all banks heeded Shakespeare's admonition "Neither a borrower nor a lender be,” what would happen to the circular flow?

Q: What are the economic risks of aggressive Fed open market purchases?

What are the economic risks of aggressive Fed open market purchases?

Q: What are the current price and yield of 10-year U

What are the current price and yield of 10-year U.S. Treasury bonds? Of General Motors bonds? (Check the financial section of your daily newspaper.) What accounts for the difference?