Author Question: In the figure above, potential GDP equals A) 15.5 trillion. B) 16.0 trillion. C) 16.5 trillion. ... (Read 66 times)

SO00

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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

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Answer to Question 1

B

Answer to Question 2

A



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