Suppose the yen value of a $100,000 wheat import contract rises from ¥12,000,000 to ¥13,000,000 between the contract and the payment date. This implies that the yen value of 1 dollar has declined so that, other things equal, we can expect an increase in Japanese demand for U.S. goods

Which of the following is a correct statement?

A.  It is relatively easy to distinguish between cost-push and demand-pull inflation even if you don't know the source of the inflation B.  A supply shock will cause a variation of demand-pull inflation that can lead to hyperinflation C.  Demand-pull inflation will continue so long as there is excess total spending in the economy D.  Demand-pull inflation is usually accompanied by higher unemployment rates

Currently, college graduates are earning about ____ more than high school grads over the course of their careers.

A. $100,000 B. $1,000,000 C. 25 percent D. 60 percent