Author Question: Based on the table above, equilibrium real GDP is A) 6 trillion. B) 7 trillion. C) 9 trillion. D) ... (Read 144 times)

mspears3

  • Hero Member
  • *****
  • Posts: 586
Based on the table above, equilibrium real GDP is
 
  A) 6 trillion. B) 7 trillion. C) 9 trillion. D) 8 trillion. E) 10 trillion.

Question 2

When the exchange rate between the U.S. dollar and the euro changes from 1.30 euros per dollar to 1.00 euro per dollar the dollar has ________ and European goods have become ________ to people in the United States so that quantity of U.S.
 
  dollars supplied ________.
  A) appreciated; more expensive; decreases
  B) depreciated; cheaper; increases
  C) depreciated; more expensive; decreases
  D) depreciated; cheaper; decreases
  E) appreciated; cheaper; increases



nital

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

For a complete list of videos, visit our video library