Refer to the table below. In 2004, about how much was one Japanese yen worth?
The following table shows the foreign currency per U.S. dollar near the end of January of each year listed.
A. $0.01
B. $0.21
C. $0.91
D. $1.07
A. $0.01
Economics
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Which of the following correctly describes what the Fed used as monetary targets in the past?
A) The Fed used M1 and M2 as targets after 1993. B) After 1980 and before the 1990s, the Fed focused on interest rate targets. C) The Fed focused on M1 as a target after deregulation of the financial markets. D) The Fed increased its reliance on interest rate targets since the mid-1990s.
Economics
The slope of the output per worker function is equal to the
A) marginal product of capital. B) marginal product of labor. C) savings rate. D) growth rate of the population.
Economics