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Using the following data (billions of dollars) for a given year, calculate the balance on merchandise trade: the balance on goods, services and income; and the current balance. Indicate whether these balances are deficits or surpluses.
EXPORTS OF MERCHANDISE 106, EXPORTS OF SERVICES 34 ,NET UNILATERAL TRANSFERS 8, STATISTICAL DESCREPANCY 0 , OFFICIAL SETTLEMENTS BALANCE 22, IMPORTS OF SERVICES 28, CAPITAL INFLOW 6 , IMPORTS OF MERCHANBDISE 119, CAPITAL OUTFLOW 29,
Using a real world experience in a free market (not government regulated) to explain a change that occurred in supply or demand as a result of world events that led to the need for a move among two equilibrium states. Describe the process of how that..
Treating the marginal cost curve as the “supply curve” and using the given demand curve,what price and quantity would a competitive market give?
The consumption function is given by:C=250+0.75Yd. What is the multiplier in this economy? Assume that the government spending increases by 100. By how much will equilibrium output increase?
complete the following table in billions of dollarslevel of output cons. saving apc aps mpc mpsincome gdpdi340 -8360
Quinoats are a primary staple food in the tiny village of Frizzample, which is located in a far away country that you've probably never had a chance to visit. The technology by which Frizzamplese farmers produce quinoats is represented by this ..
Provide a 2000 word written paper choosing ONE of the three topic choices given below: (1) Compare two examples of intermodal container and freight technology. (2) Discuss how new container tracking devices will improve international intermodal trans..
Write a 150 word paragraph for each item below: - Current state of consumer income - Current state of interest rates
If the cost of producing Newton's Donuts is constant at 0.15 per donut, shoud they reduce the price and thereafter, sell more donuts (assuming profit maximization is the company's goal) ?
p140-4q mc12030q for plant 1 mc28010q for plant 2how many units should be produced by plant 1 and plant 2 to maximise
GDP per capita does not measure the value of all intermediate goods and services produced in the economy. The largest spending category in GDP is consumption. Most of the value added in GDP in the United States is added by consumers rather than busin..
A firm has estimated the following demand function for its product:
suppose your firm produces electricity by burning coal. currently it buys central appalachia 12500 btu per ton coal at
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