A 5 percent inflation rate has increased the price of the Laser-Mate 2000 printer this year to 400. How much did the Laser-Mate 2000 cost last year?
Question 2A company temporarily set the price of a new DVD player at 250. After being on the market for some time, the price was reduced to 175. What percentage decrease is that?
Question 3Use the information in question 2 to calculate the samolian-to-dollar exchange rate; that is, how many samolians equals one dollar? (Round to three decimal places.)
Question 4The dollar-to-samolian exchange rate yesterday was 2.25 per samolian. Jenny exchanged 450 for samolians. How many samolians did she receive?
Question 5Increased demand for Krazy Kards, a new type of trading card aimed at elementary school children, has caused the price to increase by 20 percent. A package of Krazy Kards used to sell for 50 cents. How much does a package cost now?
Question 6A trade ____________________ occurs when a country imports more than it exports.
Fill in the blank(s) with correct word
Question 7The flow of currency into and out of a country is measured in a balance of ____________________.
Fill in the blank(s) with correct word
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