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Define E = $/£ as the Dollar/pound Exchange Rate and NGDPUK

Question 80

Multiple Choice

Define E = $/£ as the dollar/pound exchange rate and NGDPUK as the United Kingdom's nominal GDP; then NGDP US.{ } ^ { U S . }
UK , the United Kingdom's nominal GDP in dollars, is given by:


A) E=NGDPUK ×NGDPUS UK E = \mathrm { NGDP } _ { \text {UK } } \times \mathrm { NGDP } ^ { \mathrm { US } } \text { UK }

B)  Define E = $/£ as the dollar/pound exchange rate and NGDP<sub>UK</sub> as the United Kingdom's nominal GDP; then NGDP  { } ^ { U S . }  UK , the United Kingdom's nominal GDP in dollars, is given by: A)   E = \mathrm { NGDP } _ { \text {UK } } \times \mathrm { NGDP } ^ { \mathrm { US } } \text { UK }   B)     C)     D)     E)  None of these answer are correct.
C)  Define E = $/£ as the dollar/pound exchange rate and NGDP<sub>UK</sub> as the United Kingdom's nominal GDP; then NGDP  { } ^ { U S . }  UK , the United Kingdom's nominal GDP in dollars, is given by: A)   E = \mathrm { NGDP } _ { \text {UK } } \times \mathrm { NGDP } ^ { \mathrm { US } } \text { UK }   B)     C)     D)     E)  None of these answer are correct.
D)  Define E = $/£ as the dollar/pound exchange rate and NGDP<sub>UK</sub> as the United Kingdom's nominal GDP; then NGDP  { } ^ { U S . }  UK , the United Kingdom's nominal GDP in dollars, is given by: A)   E = \mathrm { NGDP } _ { \text {UK } } \times \mathrm { NGDP } ^ { \mathrm { US } } \text { UK }   B)     C)     D)     E)  None of these answer are correct.
E) None of these answer are correct.

Correct Answer:

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