According to this Application, China's GNP per capita and India's ...

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According to this Application, China's GNP per capita and India's GDP per capita are ________ U.S. GNP per capita.
 
  A) within 5 percentage points of B) now equal to
  C) still significantly less than D) now greater than

Question 2

If the dollar is overvalued against the peso, it implies that:
 
  A) the exchange rate between the dollar and the peso is flexible.
  B) the quantity of dollar supplied in exchange of pesos equals the quantity of dollars demanded in exchange of pesos in the foreign exchange market.
  C) the quantity of dollar supplied in exchange of pesos exceeds the quantity of dollars demanded in exchange of pesos in the foreign exchange market.
  D) the quantity of dollar supplied in exchange of pesos is less than the quantity of dollars demanded in exchange of pesos in the foreign exchange market.

[joanwhite]

Answer to Question 1

C

Answer to Question 2

C