The difference between between exports and imports of goods/services forms the current account of the balance of payment, a positive net export (export greater than import) increases current account.  True or False?

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A: We have give the demand and supply curves of a market whete both are function of price.

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A: The total supply of goods and services produced within an economy at a given overall price in a…

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A: PL = 2 , PG=1 and I = 30

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A: Given, P = 18 - Q Average cost (AC) = Rs 6 per unit Total cost (TC) = AC*Q = 6*Q Marginal cost (MC)=…

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A: Law of diminishing marginal productivity states that the marginal production from the additional…

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A: As given GDP = $10trillion Exports = $1trillion Imports = $1.5 trillion

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A: Compound interest is also referred to as "interest that is not simple." Compound interest does not…

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A: The major motivation for capital mobility is to reduce the unpredictability of money rates in the…

Q: Current Stats for Gasoline: Government Enforced Price Ceiling - $4.50/gallon Current Market…

A: The market equilibrium was $3 earlier and Price Ceiling was $4.5. Price ceiling means the price…

Q: Consider two identical firms (firm 1 and firm 2) that face a linear market demand curve. Each firm…

A: Demand :  P = 150 - 0.25Q Q=Q1+Q2 P = 150 - 0.25Q1-0.25Q2   Firm 1 TR1=PQ1 TR1=150Q1 -…

Q: Ella K. is visiting Turkey, where she notices that prices are posted in Türk lirası (the Turkish…

A: Money is generally accepted medium of exchange which helps in the purchase of goods and services.…

Q: Level of investment goes up by 200. What happens with the level of GDP if you know that MPS = 0,9.…

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A: Other than being promoted to higher classes, when students changes school for other reason then this…

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A: PLEASE FIND THE ANSWER BELOW.   AGGREGATE DEMAND CURVE: In macroeconomics, the focus is on the…

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A: Given that, The marginal rate of technical substitution of L=2K

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A: The components of an economy's aggregate expenditure that are unaffected by the real amount of…

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Q: 7. Use of discretionary policy to stabilize the economy Should the government use monetary and…

A: Fiscal policy refers to changes in government spending and taxesMonetary policy refers to changes in…

Q: In a perfect competition with 100 identical firms, short-run market supply function of qS=150P+30…

A: Given qS=150P+30 and market demand is Q=8000 -200P Number of firms = 100

Q: Suppose that the demand curve for wheat is Q=140-10p and the supply curve is Q = 10p. The government…

A: since you have asked multiple questions and according to policy we can solve only 1 question and for…

Q: Assets Liabilities and Net Worth Reserves $27,000 Checkable Deposits $110,000 Loans 50,000 Stock…

A: Assets Liabilities and Net Worth Reserves $27,000 Checkable Deposits $110,000 Loans 50,000 Stock…

Q: Which of the following government interventions causes the price that buyers pay for the good to…

A: Equilibrium in the goods market occurs where quantity demanded equals quantity supplied

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A: PLEASE FIND THE ANSWER BELOW.   EQUILIBRIUM: Equilibrium is the state in which market supply and…

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A: A Certificate of Origin (COO) is a record normally utilized in worldwide exchange. It lays out the…

Q: Assume the nominal tariff rate on the imported input is 0.16 and the nominal tariff rate on an…

A: Given information are  ti=0.16, t=0.22 The formula for effective tariff  g=t-aiti1-ai            ...…

Q: Suppose over time that a firm's production process undergoes capital-saving technological progress.…

A: When the economy's steady state growth rate is independent of the age structure then such situation…

Q: Suppose ANT LLP produces computer chips, with the market elasticity of demand for the product being…

A: The optimal price refers to the price at which the seller's overall profit is maximized.When a price…

Q: Margeʹs Hair Salon production function is Q = f(K, L) = K0.5L0.5 where K is the number of hair…

A: Here we have:- Margeʹs Hair Salon production function is Q = f(K, L) =K0.5L0.5 where K is the number…

Q: Define the conditions for a weakly quasi-concave Cobb-Douglas Function

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Q: Give examples of horizontal and vertical integrations in health care systems?

A: Patients, insurance companies, governments, corporations, health care providers, researchers, and…

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A: Meaning of Microeconomics: The term macroeconomics refers to that situation under which the…

Q: as SVC =q² + 4 and SFC = 5 so SMC = 2q and SC =q² +9. Compute the output level at which SAVC is at a…

A: *Answer:  SAVC = SVC/Q = q+4/q for SAVC to be minimunm we take first order derivative of the SAVC…

Q: The following graph shows the short-run supply curve for pears. Place the orange line (square…

A: Supply curve is an upward sloping curve. It shows positive relationship between price and quantity…

Q: What is an export parity price? Give an export parity price for a specified commodity. (starting…

A: "The price that a producer gets or can anticipate to get for its product if exported, equivalent to…

Q: Required information Aquatech Microsystems spent $185,000 for a communications protocol to achieve…

A: Inflation is the rate change in the worth of the Wholesale Price Index (WPI) on a year-on year…

Q: Which of the following best describes the term annual health insurance deductible?   A. the amount…

A: A deductible is a sum that a policyholder needs to pay before the insurance agency begins paying.…

Q: If the marginal propensity to save is 0.25, and the government increases its purchases of goods and…

A: The economics as a study is based upon the idea that the resources which are present with the…

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A: Economic fluctuations are simply changes in a country's national income level, which indicate growth…

Q: The tax cuts of 2017 increased the 2018 disposable income of households by roughly $200 billion. If…

A: The marginal propensity to save (MPS) is the percentage of additional income that is saved rather…

Q: 1. The table below uses data for the year 2003 provided by the BLS and adjusted to be comparable to…

A: The correct answer is given in the second step.

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A: PLEASE FIND THE ANSWER BELOW.   BUDGET DEFICIT: A budget deficit occurs when expenses exceed…

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A: A net international investment position (NIIP) measures the gap between a nation's stock of foreign…

Q: As we emerge from the pandemic, your friends are concerned with the rising prices they're…

A: Introduction  Fiscal policy has known as budgetary instrument of government policy. It influences…

Q: Compare the impact of a recession that reduces consumer income by 10 percent on the consumption of…

A: Income elasticity of demand = % change in demand% change in income % change in demand = Income…

Q: Members of some market-oriented and command economies seem to pity or look down upon people living…

A: Answer 1. A traditional economy is one that is based on traditions, history, and long-held ideas.…

Q: Exhibit 18-5 2016 2017 Price Quantity Price Quantity Pineapples 12 100 4 125 Coconuts 5 60 4 75 If…

A: Real GDP: good produced in a given year valued at base year prices.

Q: A piece of equipment has an initial cost of $150,000. The market value at the end of each of the…

A: Given that; Initial cost of $150,000. Operating and maintenance costs are expected to be $10,000 in…

Q: Once a private information is made public and it is immediately reflected in the price, then the…

A: When talking about market efficiency, it explains the nature or ability of the market to provide…