Previous Page Next Page Page 19 of 34 Question 19 (1 point) Which of the following measures of GDP gives the best indication of how changes in GDP affect the average person? O a) Real GDP Ob) Nominal Per Capita GDP. O c) Real Per Capita GDP. d) Nominal GDP. Page 19 of 32 Previous Page Pwleus Papp Next Page Page 17 of Page 18 of 34 Question 17 (1 point) of Canada's inflation rate is consistently lower than the U.S. inflation rate, what impact will this likely have on the future value of the Canadian dollar relative to th U.S. dollar? Question 18 (1 point) Assume that the prices of India's goods stay unchanged. What impact will a drop in the value of the Indian Rupee have on the volume of India's exports and imports? a) Exports will rise and imports will fall. a) The Canadian dollar will increase in value over time. Ob) Imports and exports will fall. b) No impact. Inflation differentials do not affect exchange rate values. c) Imports and exports will both rise. c) The Canadian dollar will decrease in value over time. d) Imports will rise exports will fall PIC.COLLAGE Previous Page Next Page