If the exchange rate between the U.S. dollar and the Japanese yen is $1 = 200 yen, then the dollar price of yen is

The business cycle matters for unemployment because:

A. it affects the demand for labor. B. it affects the supply of labor. C. Both of these are true. D. Neither of these is true.

Suppose there are only two goods (Good A and Good B) and the average person buys 8 of Good A in a year and 6 of Good B. If, in the base year, the Price of Good A is $8 and the Price of Good B is $6, and in the next year the Price of Good A is $10 and the Price of Good B is $5, the price index in the second of the two years

A. is 100. B. is 110. C. is 10. D. is 120.