QUESTION 15 According to Keynesian economists, during a boom in economic activity a) money supply should be increased. b) interest rates should be cut. c) government should increase its spending. d) tax rates should be raised.

QUESTION 21 Suppose the nominal exchange rale between the Japanese yen and the UK pound is 100 yen per pound. Further, suppose that a kilogram of nice costs \( £ 2 \) in the UK and 250 yen in Japan. What is the real exchar rate Detween Japan and the UK? a) 2.5 kilograms of Japanese rice per kilogram of UK rice. b) 0.5 kilograms of Japanese nce per kiogram of UK rice. c) 1.25 kilograms of Japanese rice per kilogram of UK rice.

You have \( \$ 400,000 \) saved for retirement. Your account earns \( 9 \% \) interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 20 years? Question Help: Video 1 Submit Question

You want to take out a \( \$ 299,000 \) mortgage (home loan). The interest rate on the loan is \( 5.4 \% \), and the loan is for 30 years. Your monthly payments are \( \$ 1,678.98 \). How much will still be owed after making payments for 5 years? \( \$ \) How much will still be owed after making payments for 10 years? How much will still be owed after making payments for 15 years? Round your answers to the nearest dollar.

You deposit \( \$ 400 \) each month into an account earning \( 7 \% \) interest compounded monthly. Round to the nearest cent as needed. a) How much will you have in the account in 20 years? b) How much total money will you put into the account? c) How much total interest will you earn?

Suppose you want to have \( \$ 800,000 \) for retirement in 35 years. Your account earns \( 4 \% \) interest. How much would you need to deposit in the account each month?