All figures are in billions of dollars. Gross investment Exports of Canada Disposable income Personal saving Government current purchases of goods and services Capital consumption allowance Interest and miscellaneous investment income Imports of Canada Indirect taxes Personal taxes $46 9 190 10 84 52 13 10 22 38

All figures are in billions of dollars. Gross investment Exports of Canada Disposable income Personal saving Government current purchases of goods and services Capital consumption allowance Interest and miscellaneous investment income Imports of Canada Indirect taxes Personal taxes $46 9 190 10 84 52 13 10 22 38

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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6
In 2001, Mongolia had negative net exports. In 2002, Mongolia had negative net exports, and its imports had risen more than exports compared with 2001. Question 27 options: Its trade surplus fell. Its trade surplus rose. Its trade deficit fell. Its trade deficit rose.
2. Exports, imports, and Net exports
Many U.S. business leaders argue that the current state of U.S. net exports is the result ofa. U.S. export subsidies.b. free trade policies of foreign governments.c. unproductive U.S. workers.d. unfair foreign competition.
Suppose there is an increase in foreign output. Show the effect on the domestic economy . What is the effect on domestic output? On domestic net exports?
Use some of the information below to determine which statement is TRUE. Corporate profits: 45 Depreciation: 28 Exports: 100 Government Purchases of Goods and Services: 320 Government Transfer Payments: 255 Gross Private Domestic Investment: 160 Imports: 119 (Net) Indirect Business Taxes: 7 Net Factor Payments to Rest of World: 25 Personal Consumption Expenditures: 626 Total government tax and fee revenue: 368 Wages and Salaries: 829 The trade deficit is 19 The trade deficit is 12 The trade deficit is 20 The trade surplus is 58 The trade surplus is 24
Discuss the role of budget surpluses and trade surpluses in national saving and investment
Trade Pattern Of USA and China
Is this right
If a nation has positive Net Factor Payments and positive Net Exports Question 48 options: it is neither borrowing nor lending from other nations it is lending to other nations it is borrowing from other nations it is both borrowing and lending from other nations
A country’s private consumption is 30, government spending is 7, investment is 5, net factor income from abroad is 2, GDP is 45. The country’s gross national disposable income is 46. the country’s gross national income is 47. the gross national expenditure is 42 and the Current account is 4. The country sent abroad 2 and received 1 of unilateral transfers. The rest of the world claims 100 of debt from the country above. This is a stock variable. The country lends at 4% and borrows at 3%. These are rates of change of stocks. Use this information combined with one of the flow variables describing the country’s international transactions to find the stock of what the world owes this country. Note: no workers worked across the border. No wages flowed in, none flowed out. Is the country from the previous question rich or poor? Does it enjoy the exorbitant privilege? In what important way is this country’s stock and flow of investment different from the US?
Sale of Machinery to abroad is recorded in the current account. True/False