Find net exports and solve for the level of aggregate demand

Assignment Help Business Economics
Reference no: EM13733539

Consumption is $6 trillion, investment is $2 trillion and government purchases are $2.5 trillion. The country exports $1 trillion and imports $1.5 trillion. Find net exports and solve for the level of aggregate demand.

Reference no: EM13733539

Questions Cloud

Why does the piece rate appear as a straight line : On a graph where the total income is on the horizontal axis and the number of tasks is on the vertical axis, why does the piece rate appear as a straight line? Show that if the piece rate goes up, the line become flatter.
What are the effects if population decreases : In the classical model if there is a decrease in capital stock, what are the effects on labor demand, real wages, and output? (Increase or decrease) What are the effects if population decreases?
Full employment and the exchange rate increases : If the U.S. economy is operating near full employment and the exchange rate increases (the dollar appreciates), explain why the Federal Reserve will be less inclined to raise interest rates.
How selected category manifested in your social environment : Select one category from the completed World View Chart. Provide a rationale for choosing this category. Provide one specific example of how the selected category is manifested in your social environment.
Find net exports and solve for the level of aggregate demand : Consumption is $6 trillion, investment is $2 trillion and government purchases are $2.5 trillion. The country exports $1 trillion and imports $1.5 trillion. Find net exports and solve for the level of aggregate demand.
Research paper-impact on an organization marketing ovrerseas : As with any company, Cochlear must take into account the varied macro and micro factors when deciding on their target market and then developing the appropriate marketing mix.
Inflation represents a decline in average real income : Most economists want a 0% target for unemployment. The current natural rate of unemployment is thought to be somewhere around 5%. If the economy is above full employment it causes higher than normal unemployment. In a closed economy, inflation repres..
Describe the ethical decision-making framework : In reflecting on the limited international laws and regulations and the differences between the US and other countries, briefly discuss some guidelines (principles and concepts) that you would have in your code of conduct (ethical/social responsib..
Start with population-kick out all those not in labor forces : The following information is for the US economy in 1998: Find the US labor force, the number unemployed and the unemployment rate for 1998. Numbers are in millions. Hint: start with population and kick out all those not in the labor forces.

Reviews

Write a Review

Business Economics Questions & Answers

  What is your certainty equivalent for these two projects

If you were the angel investor, what is your certainty equivalent for these two projects? Are you risk-averse, risk-neutral, or risk-lover?

  The long run market equilibrium price also output

Illustrate what will be the long run market equilibrium price also output. Elucidate how many mills of Illustrate what type - new or old - will survive.

  The central bank raises the actual inflation rate

the central bank raises the actual inflation rate to 4% which sequence is most such way to occur.

  Llustrate what is maximum amount it would be worth

llustrate what is maximum amount it would be worth to shareholders to elicit high CEO effort all time rather than low CEO effort all time.

  Illustrate what is equilibrium price of box

Illustrate what is equilibrium price of box. Is this long-run equilibrium price. Explain how many firms are in this industry when it is in long-run equilibrium.

  Explain how can tax cuts help revive the economy

Explain how can tax cuts help revive the economy include discretionary fiscal policy, expansionary fiscal policy, tax multiplier, Aggregate Demand-some-not all--of these and/or other terms from this week.

  Elucidate the marginal cost of the batch of pies

Average cost of producing 70 pies in batches of ten is $5.00 per pie and the average cost of producing 80 pies in batches of ten is $4.50 per pie. Elucidate the marginal cost of the 8th batch of pies.

  Economy experienced inflation or deflation

Has the U.S. economy experienced inflation or deflation during recent recessions.

  Forestry products account for nearly three percent

Forestry products account for nearly 3 percent (%) of Canada's GDP also 14.1 percent of its exports.

  What is the probability that the person is a male

Are any of the types of things that couples hide statistically independent of the gender of the respondent? Explain?

  Its marginal costs are below total average costs

its marginal costs are below total average costs. If it creates an additional watch where its average total costs rise -fall or stay the same.

  Illustrate what happened to his wage and substitution effect

Suppose V=$0, what is Jim's labor supply function now. Draw his labor supply curve. Illustrate what happened to his wage and substitution effects.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd