You are selling an autographed Steve Nash rookie basketball card online for $170. A potential buyer contacts you and offers to pay you$170 Canadian dollars. You quickly check and find the exchange rateis $1 U. S. to $1.25 Canadian. If you take this deal, you will have returned Steve to his homeland and:

A. Earned more than if you accept $170 U. S.
B. Come out financially equal
C. Earned less than if you accept $170 U. S

1) u.s. real gdp is substantially higher today than it was 60 years ago. what does this tell us, and what does it not tell us, about the well-being of u.s. residents? what are the limitations of the gdp as a measure of economic well-being? given the limitations, why is gdp usually regarded as the best single measure of a society’s economic well-being? 2) what is an intermediate good? how does an intermediate good differ from a final good? explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of gdp, but the value of intermediate goods produced and not sold is included directly as part of gdp.