If the U.S. real exchange rate is 125, the U.S. price index is 140, and the Japanese price index is 165, what is the yen to dollar exchange rate?

An increase in the income tax rate ________ the value of the tax multiplier

A) decreases B) increases C) has no effect on D) may increase or decrease

In general, a higher-than-anticipated inflation rate

a. helps everyone b. hurts everyone c. helps creditors and harms debtors d. helps debtors and harms creditors e. helps sellers