Brexit:Why did the UK left the EU. How would the EU be affected by this?
Q: Generally, how does the standard of living in the United States today compare to the standard of…
A: Standard of Living Comparison The standard of living in the United States today is generally higher…
Q: The balance of trade shows a deficit of $200 million. With the value of exports being $300 million,…
A: The nations around the world tend to interact with other nations, and get involved in international…
Q: (1) Consumption function: C = 100 + .8Y, (2) Planned investment: I = 38 (3) Government spending: G =…
A: C=100+0.8Ydi=38g=75EX=25IM=0.5YdT=40AE=C+I+G+EX-IMEquilibrium Income:…
Q: There is a euro zone recession. What part of US GDP is MOST impacted by a Eurozone recession?
A: The following problem has been answered as follows:
Q: Why is a nation with a current account deficit a borrower at that point in time?
A: Current account includes all those transactions (in monetary terms) which occur due to the movement…
Q: How could an increase in a nation's fiscal deficit increase its trade deficit?
A: Government budget deficit affects the trade deficits. Budget deficit occurs when spending increases…
Q: Video Link: https://youtu.be/SG8DCgjkGzY The opening of the video, Global Mind: The Future of…
A: The expression "globalization" was first used by economist and Harvard Business School instructor…
Q: st form, c
A: The main economic aspects of the US economy are its consumers, producers, and market, The UK economy…
Q: How does a fiscal expansion affect the real exchange rate and net exports?
A: Macroeconomic variables serve as comprehensive gauges, encompassing the overall economic…
Q: Is trade deficit always a problem? Support your answer with proper reasoning
A: No, trade deficit is not always a bad thing. A country which runs a trade deficit in general imports…
Q: What is the relationship between India's fiscal policies and its current account?
A: Fiscal policy refers to the policy of the government regarding the public expenditure, taxation and…
Q: why is the recovery of global economy, especially the Euro Zone, so important to the South African…
A: Economy can be democratic or it can be under dictatorship or it can be communist. For example United…
Q: What do the terms internal balance and external balance mean in open-economy macroeconomics?
A: The open economy refers to the economy which has a trading relationship with the rest of the world.…
Q: What does it mean by "aggregate demand and aggregate supply" when pertaining to macroeconomic policy…
A: Demand is defined as the amount of goods and services consumed by individuals in an economy during a…
Q: Catherin Mann (2006), “The Current Account and the Budget Deficit: A Disaggregated Perspective,” in…
A: The current account refers to the balance of trade between a country and the rest of the world. It…
Q: How do government budget deficits affect the exchange rate and trade balance?
A: The rate at which one country's currency can be exchanged for another country's currency is known as…
Q: What is a foreign trade deficit or surplus? How does this affectinterest rates?
A: Foreign trade refers to the trade between two or more countries and trade includes the services of…
Q: How does an increase in government spending affects aggregate demand, investment, and net exports in…
A: In the small open economy, the capital inflow and outflow would have free movement because of…
Q: Is a Stronger Dollar Good for the U.S. Economy?
A: The exchange rate is the price of one country's currency expressed in terms of some other currency.…
Q: If there is no trade deficit, budget deficit =$500, what is the difference between savings and…
A: The trade deficit is the excess of imports over exports. The budget deficit is equal to $500. It…
Q: What is the difference between a government deficit and a trade deficit ?
A: Trade deficit occurs in an economy when the imports exceed the exports in the country. The country…
Q: Why do you think the UK decided to move out the EU? What do you think will be the business…
A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…
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