Use the national income accounting definition GDP = C I G X to explain what a current account deficit (negative net exports) means in terms of domestic spending, production, and borrowing. I

Q: What effect an increase of government spending will have on the output equilibrium in the goods mark...

A: The autonomous spending is a part of total spending which is made by the government irrespective of ...

Q: What is the Consumer Price Index (CPI)?

A: A price index number is a macroeconomic measure that compares a series of prices in different time p...

Q: What is the situation of international trade after pandamic in china and America and in India and Pa...

A: International trade is the exchange of goods and services with other countries.  Due to the pandemic...

Q: Describe the opportunity cost approach?

A: The opportunity cost approach is the approach where the concept of opportunity cost is used to solve...

Q: The main reason people hold money (in terms of what counts in M1) is to   Group of answer choices e...

A: The M1 measure of money includes the liquid forms of money such as cash, demand deposits, traveler’s...

Q: Is progress being made in fight against poverty ? What types of poverty polices are proved to be eff...

A: Poverty can be classified into absolute and relative poverty. Policies that are intended to promote ...

Q: What are the Replacement Decisions when required Service Life Is long?

A: Replacement:   Replacement analysis refers to a crucial analysis in capital budgeting when the asset...

Q: For the following function,   q = 20(10 – p)2, 0 £ p £ 10   find the elasticity of demand function, ...

A: The elasticity of a function is given by p/q x dq/dp First, we find dq/dp q = 20(10 – p)^2=2000-400p...

Q: What is equivalent cash flow?

A: The cash flow expected for the return on an annuity is equivalent to the return on another investmen...

Q: Suppose the government implements an income support program with the intention of making sure reside...

A: Given, Cash benefit (CB) = $200 – 0.2*(earned income (I)) Budget constraint: F+X= CB+I Price of food...

Q: Outline three (3) tools that can be used by the central bank to reduce the money supply

A: The important monetary policies that are used by the central bank of nation to control the money sup...

Q: Explain Break-Even Sales Volume?

A: Sales volume is the number of units sold over a given period of time. This should not be confused wi...

Q: How does the IRR become a useful gauge against which to judge project acceptability?

A: Answer - IRR (Internal Rate of Return) -  It is the tool or measurement on which investor decides to...

Q: Indicate whether the statement is true or false, and justify your answer.The expense of opening a se...

A: True. The expense of opening a secret offshore bank account is an example of the excess burden of US...

Q: Explain Net-Present-Worth Criterion?

A: The net- present-worth criterion is a very important and useful method to evaluate investment projec...

Q: (KEY QUESTION) In the movie Rebel Without a Cause, James Dean and Buzz Gunderson compete for thefavo...

A: There are two players in all the strategies: James and Buzz. The payoffs are written in this format ...

Q: How might exchange rate volatility impact international trade?(Use relevant financial data your answ...

A: Answer: Introduction: The exchange rate refers to the price of one currency in terms of other curren...

Q: Q) arrow_forward   Question Asked Aug 4, 2020 1 views Q) Maria purchases a...

A: a. The individual purchases the television worth $850 with the credit card and the credit card inter...

Q: (i) Find the product AB using -1 0. A : 5 -4 [3 (ii) Does BA exist?

A: To calculate the product of two matrices, the values in the row of the first matrix must be multipli...

Q: Assume that equilibrium real GDP is $ 800 billion, potential real GDP is $ 950 billion, the MPC is ....

A: (a)   Tax multiplier can be calculated as follows.  

Q: A firm hires labor in a perfectly competitive labor market. Its current profit-maximizing hourly out...

A: Any firm will have the motive of maximizing its profit. Thus for the last worker hired the marginal ...

Q: Tess and Lex earn $40,000 per year and all earnings are spent on consumption (c).  Tess and Lex both...

A: Hi Student, thanks for posting the question. As per the guidelines I can answer the first question. ...

Q: Below are some data from the land of milk and honey for 2016, 2017 and 2018, respectively. Price of ...

A: Nominal GDP is the aggregate of the value of all final goods and services produced in an economy wit...

Q: Differentiate between the General Inflation Rate and Specific Inflation Rate?

A: Inflation can be defined as a condition, when the demand for a particular good service upsurges alon...

Q: Briefly mention what is the social discount rate?

A: A discount rate is the rate of return that is used to convert the nominal value of future cash flows...

Q: 2. Use the graph below to answer the two questions on the right. Price If a positive externality exi...

A: A market is a place where the buyers and sellers interact with each other and the exchange of goods ...

Q: The first National Bank receives an extra $100 of reserves but decides not to lend out any of these ...

A: Answer: The Total deposits created in the banking system are given by:1/LRR x Initial Deposits LRR (...

Q: Fill in the blanks

A: Market share is the percentage of total sales generated by a firm in an industry. It can be calculat...

Q: 3) There are two countries, Anihc (country A) and Bapan (country B), with the same production functi...

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If y...

Q: You obtained a Joan of $25,000 to finance your home improvement project.Based on monthly compounding...

A: The given information are as follows. Loan = $25,000 Interest = $1,200   Then the average percentage...

Q: Indicate whether the statement is true or false, and justify your answer.A primary cause of increasi...

A: False

Q: The following table reports prices and usage quantities for two items in 2009 and 2011. (Round your ...

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If y...

Q: KK ltd produces goods for sale. From trend analysis the management accountant established a demand f...

A: Demand Function: P = 40 – 1.5q TC=q2+10q+50

Q: On the graph below click on the upper end point of the supply line S1 and drag it to the left by rou...

A:

Q: The table below shows cost data for WipeOutSki Company, which manufactures skis for beginners. If th...

A: TC = Total cost  that is related to production. It is the sum of Fixed cost and Variable cost. TC = ...

Q: How can we determine the number of payment periods?

A: Investment: The act of putting the money on work in order to expand the business or the forgiving of...

Q: “Considering that raising reserve requirements to 100% makes complete control of the money supply po...

A: The raising of reserve requirements to 100% is impossible or not practical and also it is not a frui...

Q: Does the purchasing power of the dollar change over time due to inflation?

A: Purchasing power (PP) of a dollar is the real amount of goods & services that could be brought u...

Q: How is the demand for lumber affected by the demand for housing?

A: Lumber is a wood that is basically sold only for construction purposes. So, we can observe lumber an...

Q: part 2 please

A: 2. The productivity of each employee under each team in the Nucor was clearly analyzed by the firm a...

Q: The matrix for a strictly determined game is given. Find the value of the game. Is the game​ fair?  ...

A: Answer:  Step 1: The correct option is B. The value of the game is 0. The game is fair.    

Q: “No firm is completely sheltered from rivals; all firms compete for consumer dollars. If that is so,...

A: A pure monopoly occurs when the market for a commodity is dominated by a single firm, such as the co...

Q: What are the benefits of The Rational Decision-Making Process?

A: The process of rational decision making is used to make choices among the alternatives. Under this p...

Q: You received a credit card application from Sun Bank offering an introductory rate of 3% per year co...

A:  

Q: Indicate whether the statement is true or false, and justify your answer.An hour spent exercising al...

A: Free lunch zone: The term “free lunch zone” refers to the situation where there is no cost incurred....

Q: You are the manager of a firm that competes against four other firms by bidding for government contr...

A: If the legislation is passed, the quantity supplied by the firm can be calculated as follows.