If the real exchange rate rises 4%, domestic inflation is 2%, and foreign inflation is 0%, what is the percent change in the nominal exchange rate?

Suppose the United States enters a recession, what type of unemployment would be most likely to rise as a result of the recession?

Select one: a. Frictional unemployment b. Sectoral unemployment c. Cyclical unemployment d. Seasonal Unemployment

Rick and Kate want to go on a date. Rick wants to go to a rock concert while Kate wants to go to a movie. Rick values going to the concert at $100, while Kate values watching a movie at $50. What is the equilibrium in this situation?

What will be an ideal response?