Below is a table of exchange rates and GDPS (Gross Domestic Products) for a variety of imaginary countries. Using this information, please answer the two questions that follow. Please specify answers to two decimal places. Name of GDP in billions Domestic GDP in Country domestic of domestic currency/U.S. billions of currency currency dollars U.S. dollars Potterland Lightrocks 701 22 Grangerland Linx 73 11 Weasley Icesticks 735 243 Island What is the GDP of Grangerland in billions of Lightrocks (the domestic currency of Potterland)? Billions of Lightrocks What is the exchange rate for Icesticks to U.S. Dollars? Icesticks/U. S. dollars
Below is a table of exchange rates and GDPS (Gross Domestic Products) for a variety of imaginary countries. Using this information, please answer the two questions that follow. Please specify answers to two decimal places. Name of GDP in billions Domestic GDP in Country domestic of domestic currency/U.S. billions of currency currency dollars U.S. dollars Potterland Lightrocks 701 22 Grangerland Linx 73 11 Weasley Icesticks 735 243 Island What is the GDP of Grangerland in billions of Lightrocks (the domestic currency of Potterland)? Billions of Lightrocks What is the exchange rate for Icesticks to U.S. Dollars? Icesticks/U. S. dollars
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter23: The International Trade And Capital Flows
Section: Chapter Questions
Problem 45P: Table 23.7 provides some hypothetical data on macroeconomic accounts for three countries represented...
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