Author Question: Over the period 1960-2010, the United States economy grew at roughly A) 2.1 percent. B) 3 ... (Read 119 times)

michelleunicorn · **on:** Jun 30, 2018

Over the period 1960-2010, the United States economy grew at roughly

A) 2.1 percent.
B) 3 percent.
C) 4 percent.
D) one percent.
E) 3.5 percent.

Question 2

What is the difference between black and parallel markets for foreign exchange? How are these created?

What will be an ideal response?

amynguyen1221 · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

A

Answer to Question 2

As a result of government restrictions or legal prohibitions on foreign-exchange transactions, markets in foreign exchange develop to satisfy trader demand. When these markets are deemed illegal, then the alternative market is known as a black market. On the other hand, when the alternative market is allowed to flourish, then it is known as a parallel market.

michelleunicorn · **Reply #2 on:** Jun 30, 2018

Thank you

amynguyen1221 · **Reply #3 on:** Jun 30, 2018

No problemo

Author Question: Over the period 1960-2010, the United States economy grew at roughly A) 2.1 percent. B) 3 ... (Read 119 times)

michelleunicorn

Over the period 1960-2010, the United States economy grew at roughly A) 2.1 percent. B) 3 ...

Related Topics

Need homework help now?

amynguyen1221

Over the period 1960-2010, the United States economy grew at roughly A) 2.1 percent. B) 3 ...

michelleunicorn

Over the period 1960-2010, the United States economy grew at roughly A) 2.1 percent. B) 3 ...

amynguyen1221

Over the period 1960-2010, the United States economy grew at roughly A) 2.1 percent. B) 3 ...