Suppose the dollar-yen exchange rate is 0.0130.013 dollars per yen. Since the base year, inflation has been 33 percent in Japan and 88 percent in the United States. What is the real exchange rate?

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c.increase prices

Compare the sources of consumer credit 1. consumers use a prearranged loan using special checks 2. consumers use cards with no interest and non -revolving balances 3. consumers pay off debt and credit is automatically renewed 4. consumers take out a loan with a repayment date and have a specific purpose a. travel and entertainment credit b. revolving check credit c. closed-end credit d. revolving credit

Identify the three components of a family's culture and provide one example from your own experience