Author Question: In the figure above, potential GDP equals A) 15.5 trillion. B) 16.0 trillion. C) 16.5 trillion. ... (Read 72 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
In the figure above, potential GDP equals
 
  A) 15.5 trillion.
  B) 16.0 trillion.
  C) 16.5 trillion.
  D) None of the above answers is correct.

Question 2

In the figure above, if the exchange rate is equal to 1 Canadian dollar per U.S. dollar, there is a ________ of ________currency and the exchange rate will________.
 
  A) shortage; domestic; rise
  B) surplus; domestic; rise
  C) shortage; foreign; rise
  D) surplus; foreign; fall



kingfahad97

  • Sr. Member
  • ****
  • Posts: 308
Answer to Question 1

B

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

The first successful kidney transplant was performed in 1954 and occurred in Boston. A kidney from an identical twin was transplanted into his dying brother's body and was not rejected because it did not appear foreign to his body.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

For a complete list of videos, visit our video library