This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Over the period 1960-2010, the United States economy grew at roughly A) 2.1 percent. B) 3 ... (Read 117 times)

michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
on: Jun 30, 2018
Over the period 1960-2010, the United States economy grew at roughly
 
  A) 2.1 percent.
  B) 3 percent.
  C) 4 percent.
  D) one percent.
  E) 3.5 percent.

Question 2

What is the difference between black and parallel markets for foreign exchange? How are these created?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

amynguyen1221

  • Sr. Member
  • ****
  • Posts: 355
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

As a result of government restrictions or legal prohibitions on foreign-exchange transactions, markets in foreign exchange develop to satisfy trader demand. When these markets are deemed illegal, then the alternative market is known as a black market. On the other hand, when the alternative market is allowed to flourish, then it is known as a parallel market.


michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
Reply #2 on: Jun 30, 2018
Thank you


amynguyen1221

  • Sr. Member
  • ****
  • Posts: 355
Reply #3 on: Jun 30, 2018
No problemo


« previous next »
 

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

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.

The Election of 1960 The Election of 1960
An example of the sometimes drastic differences in placarding regulations in the United States ... An example of the sometimes drastic differences in placarding regulations in the United States ...
Social Capability versus GDP per Capita in 1960 Social Capability versus GDP per Capita in 1960
United States Health Care System: Combining Business, Health, and Delivery United States Health Care System: Combining Business, Health, and Delivery
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
Video: Renal Failure

For a complete list of videos, visit our video library