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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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