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Author Question: If the price of watermelons is 5 pesos in Argentina and the exchange rate is 4 pesos per dollar, ... (Read 175 times)

c0205847

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on: Jun 29, 2018
If the price of watermelons is 5 pesos in Argentina and the exchange rate is 4 pesos per dollar, then what is the dollar price of watermelons?
 
  A) 0.75 B) 0.80 C) 1.25 D) 2.00

Question 2

Are stocks and bonds considered part of the investment component of GDP?
 
  What will be an ideal response?


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kingfahad97

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

No, stocks and bonds are not part of the investment component of GDP. The investment component of GDP includes the purchase of new capital goods and changes in inventories. Stocks and bonds are not capital goods and are not changes in inventories, so they are not part of investment.


c0205847

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

mcabuhat

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Reply 3 on: Yesterday
Excellent

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