Author Question: In the figure above, potential GDP equals A) 15.5 trillion. B) 16.0 trillion. C) 16.5 trillion. ... (Read 169 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?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

For a complete list of videos, visit our video library