Answer Happy

In 2019. Alexandria's GDP was $2.3 trillion and its population was 57 million. In 2020, its GDP was $2.4 trillion. Alexandria's GDP per person grow by 5% between 2019 and 2020. What was Alexandria's population in 2020? There is not enough information in the question to answer it. 57.4 million 56.6 million 57 million
You sell a book to Sarah, who lives in New York, for CAD 100 (the exchange rate is CAD1=USD1). Sarah instructs her American bank in New York to transfer CAD100 to your account with TD Bank in Calgary. How would this transfer affect Canada's net capital outflow (NCO)? It would not affect Canada's NCO because the American bank would be transferring Canadian dollars, so the TD Bank would not be acquiring any foreign assets. It would not affect Canada's NCO because the American bank already has CAD100 and hence would not acquire any foreign assets. It would decrease Canada's NCO by CAD100 and increase America's NCO by the same amount because the American bank would transfer CAD 100 worth of foreign currency to a foreign bank. It would increase Canada's NCO by CAD100 and decrease America's NCO by the same amount because the American bank would reduce its holdings of a foreign asset (Canadian dollars) by CAD100.