1. What is the difference between economic growth and economic development? 2. What is unemployment, and what are the labor market indicators? 3. What is the difference between inflation and deflation? 4. Whatisaggregatedemandandaggregatesupply? 5. Whatiscurrencyappreciationandcurrencydepreciation? 6. What is the flexible exchange rate and fixed exchange rate? 7. What is balance of trade and balance of payment? 8. What is trade surplus, trade deficit, and balanced trade? 9. What is fiscal policy and what is monetary policy? Question 2-In 5 to 10 lines, write about the great depression of the 1930's. Question 2 You just need to carry out research on your own.

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A: Natural Rate of Unemployment is the rate of unemployment when the GDP is at its potential level and…

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Q: 6. How did computers and technology further impact the US economy and industry?

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Q: What happens to the balance of trade if the nominal exchange rate depreci- ates?

A: The balance of trade refers to the difference between the volume of exports and the volume of…

Q: Explain with illustrations or diagram, the effect of short-term movements in the business cycle on…

A: A) In the short run, trade imbalances can be affected by whether an economy is in a downturn or on…

Q: What is a single currency?

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Q: There has been a 9% increase in the U.S. Consumer Price Index (which measures the average price…

A: Nominal exchange rate is the rate at which the currency of one country is exchanged for the other…

Q: Is globalization and open economy is still the best way for USA economy?

A: Globalization and an open economy are still the greatest strategies to grow the economy in the…

Q: If the foreign interest rate increases and U.S. interest rates also increases_______? Group of…

A: If the foreign interest rate increases and U.S. interest rates also increases the exchange rate…

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Q: Which of the following companies would gain from foreign currency depreciation?   a. Companies that…

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Q: E1 The higher the value of e​, the ______________(More or less) units of foreign currency a dollar…

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Q: If the productivity or the productivity of the workforce decreases_______? Group of answer choices…

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Q: Purchasing power parity may not hold in practice due to

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Q: The trade of services and goods is recorded in the balance of payments as a a. Invisible trade b.…

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Q: What impact does a depreciation of a country's currency have on its balance of trade? A. It…

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Q: 1. Which of the following falls under the current account of the Philippines? a. The value of the…

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Q: 1. A fundamental problem in international economics is how to produce a world government that can…

A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…

Q: QUESTION 33 What happens when imports are more than exports? There is a OA Trade delicit OB Trade…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

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A: GDP is the total value of goods and services that are produced in the country.

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Q: Define the following terms.  a. Trade b. Nominal Exchange rate c. Real Exchange rate d. Absolute…

A: The economics is the social science that study how the individual allocates their scarce resources…

Q: When calculating net exports, if the cost of imports is smaller than the value of exports for a…

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Q: Explain Foreign exchange and give examples

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A: The issue is whether or not particular events are considered direct foreign investment or not.

Q: The quantities of goods and services exported and imported are recorded in the balance of payments…

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Q: 3. What are some differences between the gift economy and the exchange economy?

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Q: 1 True/false questions Give a one sentence justification. 1. Adjusting for purchasing power parity…

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Q: What are the major issues with regard to trade imbalances for the U.S. economy?

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Q: What is the term for the difference between the value of a country's exports and the value of its…

A: Option a) Trade deficit: This option is incorrect because it refers specifically to the situation…

Q: 1 True/false questions Give a one sentence justification. 1. Adjusting for purchasing power parity…

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Q: The U.S. trade deficits of the 1980s and 1990s may represent a problem because they will require…

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A: An increase in government spending has a significant impact on the economy.

Q: tends to discourage firms from making physical capital investments. O Government borrowing O Large…

A: Physical capital includes tangible and man-made objects that a firm purchases or invests in for the…