1b. The value of the U.S. dollar depreciates because the amount of exports decrease. This is
due to a raise in prices of goods and services, which causes less of them to be purchased by
foreign countries. The foreign dollar then goes up in demand beca
1. 21.3% because you must first multiply the quantity times the dollar amount for each item,
and then add the columns up. Then take the CPI later year and divide it by the CPI
earlier year, and them multiply the whole thing by 100.
2. The national debt is
1. Changes in business inventories is a product that is built not sold market value. When
they sell a product, the value of it and the selling prices difference is calculated and then
added or subtracted from the GDP.
2. 123 mil= 72 mil + 25 mil + G + 5 m
The money starts out with the tourist, and then they spend it in the product market. The money
then goes to the government through expenditures, businesses through goods and services,
households through household consumption, or the rest of the world thro
a. Go to the beach or study for an exam
If you go to the beach instead of studying, studying would be your
opportunity cost. You also risk failing the exam.
b. Get a job after high school or go to college
If you go to college you can get a better educa