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A country imports $800 million worth of goods and services and exports $600 million. The country's private agents purchase $200 million of foreign assets and foreigners buy $300 million of domestic assets. If the statistical discrepancy is -$100 million, what must be the net official settlements balance if there are no other transactions?
Focusing on the production of a nation other than the US. Determine what is currently going on with the Canadian Automotive Industry and explain why is this important?
In March 2007, the US unemployment rate was 4.4 percent. In August 2008 the unemployment rate was 6.1 percent. Use this information to predict what happened between March 2007 and August 2008 to the numbers of A. Job losers to and job leavers
In the United States and Western Europe, farmers are strong enough politically to persuade their governments to set price floors for many crops. In many less-developed countries, governments that are worried about the standard of living of their u..
Argyle is a huge, vertically integrated company that produces sweaters from a rare type of wool manufactured on its sheep farms. Argyle has adopted a approach of selling wool to firms that compete against it in the market for sweaters.
Determine some of the technological advances in telecommunications and transportation that have impacted global business in the last decade?
Suppose that in Canada opportunity cost of manufacturing 2 television sets is 3 bushels of wheat. Suppose that in the United States the opportunity cost of manufacturing 2 bushels of wheat is 3 television sets.
Determine what has caused the United States run a merchandise trade deficit year after year since the early 1980 discuss the relationship between a country's net financial inflow and its current account?
Using the Keynesian cross model, draw a graph to illustrate and explain what will happen in an economy when planned aggregate expenditures are greater than real GDP (i.e., A.E. > Y). How is equilibrium achieved in this economy
Use the table given below: Value in billions In each of following cases, indicate if GDP is affected, under what category and what happens to GDP.
The customer price index is a fixed weight index. It compares the price of fixed bundle of goods in 1-year with the value of the same bundle of goods in some base year.
Determine what evidence do we have that the Central Limit Theorem is true and explain why do so many of life's events share the same characteristics with Central Limit Theorem?
The U.S Postal Service (USPS) is a monopoly because the federal government has blocked entry into the market for delivering first-class mail. Is the USPS also a natural monopoly How can we tell what would happen if the law preventing competition ..
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