This topic contains a solution. Click here to go to the answer

Author Question: If imports are 100 million less than exports, government expenditures are 500 million, consumer ... (Read 67 times)

ashley

  • Hero Member
  • *****
  • Posts: 584
If imports are 100 million less than exports, government expenditures are 500 million, consumer expenditures are 1 billion, and gross investment spending is 500 million, then GDP is
 
  A) 1 billion.
  B) 1.9 billion.
  C) 2 billion.
  D) 2.1 billion.

Question 2

Suppose Mitsubishi Bank (a Japanese bank) expects the exchange rate to be 125 yen per U.S. dollar at the end of the year. If today's exchange rate is 120 yen per U.S. dollar, Mitsubishi bank
 
  A) buys U.S. dollars today because it expects profit from buying U.S. dollars and holding them.
  B) sells U.S. dollars today because it expects losses from buying U.S. dollars and holding them.
  C) does not buy or sell any U.S. dollars today because it expects zero profit from buying U.S. dollars and holding them.
  D) None of the above answers is correct because a foreign commercial bank cannot buy or sell U.S. dollars.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akemokai

  • Sr. Member
  • ****
  • Posts: 347
Answer to Question 1

D

Answer to Question 2

A




ashley

  • Member
  • Posts: 584
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


bbburns21

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

For a complete list of videos, visit our video library