The exchange rate between yen and dollars at one point in 2010 was 83 yen per dollar. If a Big Mac, fries, and a Coke cost $3.91 in San Francisco, how much should the same order cost in yen in Osaka?

When we say the U.S. economy has grown on average at 2.1%, we mean

A) the inflation rate. B) the growth rate of nominal GDP. C) the growth rate of per-capita nominal GDP. D) the growth rate of per-capita real GDP.

An increase in the saving rate results in a higher steady state ________

A) growth rate of capital B) growth rate of output per worker C) level of consumption per worker D) level of capital per worker