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 55 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
:D TYSM

meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

German Spaniel German Spaniel
Spain’s North American Frontier, c. 1750 Spain’s North American Frontier, c. 1750
In American Progress (1872), John Gast depicts a feminized (and eroticized) America moving westward, In American Progress (1872), John Gast depicts a feminized (and eroticized) America moving westward,
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
The American Diet Doesn’t Stack Up The American Diet Doesn’t Stack Up
Out of Many: A History of the American People Out of Many: A History of the American People
Video: Functional zones in a mitochondrion

For a complete list of videos, visit our video library