This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If an American firm produces goods that are sold to a German household, then A) German GDP ... (Read 69 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
on: Jun 29, 2018
If an American firm produces goods that are sold to a German household, then
 
  A) German GDP increases but not U.S. GDP.
  B) U.S. GDP increases.
  C) the transaction is considered an export in the German GDP accounts.
  D) net exports in the United States will not change because an export immediately generates an offsetting import.

Question 2

Suppose China Airlines wants to purchase a French Airbus. The price of the Airbus is 95 million Euro. If the exchange rate is 1 euro per 10 yuan, the price of this airplane to China Airlines is
 
  A) 950 million yuan.
  B) 10.52 million yuan.
  C) 10 million yuan.
  D) 9.5 million yuan.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anoriega3

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


JMatthes

  • Member
  • Posts: 578
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

bdobbins

  • Member
  • Posts: 326
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

American red squirrel American red squirrel
Worldly Goods Worldly Goods
A depiction of slaves on a South Carolina plantation, around 1790. Likely of Yoruba descent, they pl A depiction of slaves on a South Carolina plantation, around 1790. Likely of Yoruba descent, they pl
American soldiers advance past a burning oil well. As the routed Iraqi army fled Kuwait, it ignited ... American soldiers advance past a burning oil well. As the routed Iraqi army fled Kuwait, it ignited ...
Typical slip-joint pliers are common household pliers. The slip joint allows the jaws to be opened ... Typical slip-joint pliers are common household pliers. The slip joint allows the jaws to be opened ...
American Government: Roots and Reform, 2009 Edition American Government: Roots and Reform, 2009 Edition
Video: Cytotoxic T cell receptors, activation, proliferation, differentiation & action

For a complete list of videos, visit our video library