China's Economy Just Shrank for the First Time in Decades. It Could Sti Eke Out Growth This Year China's real GOP decreased 6.8 percent in the first quarter of 2020. Investment decreased by 16 percent and consumer spending by 125 percent. Exports decreased 13 percent. Explain how govemment expenditure minus imports changed in the first quarter of 2020. Govermment expenditure minus imports OA decreased by more than 6.8 percent OB. must have increased OC. must have remained constant O D. decreased by less than 6.8 percent or increased

Q: What is meant by accomodating items?

A: We know well that in autonomous transactions there occur deficits or surplus which are to be covered…

Q: Do you have any references or sources for this information

A: In an error correction model (ECM) expectations about future economic conditions can influence the…

Q: did you get 0.2Y?

A: The aggregate expenditure is the sum total of consumption, investment, government expenditures.

Q: I typed it in, it's wrong

A: Elasticity of demand is a concept used in economics to measure the responsiveness of the quantity…

Q: Please answer full questions including fill in the blanks.

A: When an initial injection into a circular flow results in a larger ultimate rise in real national…

Q: How Zomato get benefitted by acquiring Blinkit

A: By purchasing Blinkit, Zomato has joined the frantic race for online success. In an effort to grow…

Q: What is TARP?

A: The term TAPR stands for Troubled Asset Relief Program.

Q: What is the matter economic

A: Discussing the "matter" of economics involves exploring its fundamental components and core…

Q: The merry-go-round in Ross Park, a public park, was first installed in 1920 and has been…

A: A public good is a kind of good or service that is non-excludable and non-rivalrous in nature,…

Q: What is transport infrastructure

A: Infrastructure is organisational structure which is required for the societal operation.

Q: what kind of data is used in BI

A: BI Stands for Business Intelligence it refers to the applications, technologies & practices for…

Q: qwertyuioopoytttrt

A: Unfortunately, "qwertyuioopoytttrt" doesn't seem to be a question with a specific answer or problem…

Q: How do you find the population in the chart?

A: Statistical data has been provided in the question representing the various years and population in…

Q: how do you calculate customer's life time value?

A: In this world of tough competition customers are acquired and lost over the firm’s lifetime, but a…

Q: how do you write an audit of how you nonverbally communicate?

A: Title: Audit of Nonverbal Communication SkillsIntroduction:This audit aims to evaluate and assess…

Q: How is the Purchasing power important?

A: Answer - Purchasing Power - Purchasing power is overall buying capacity of country which is…

Q: What is a CD and how do they work?

A: Certificates of deposit (CD) are secured form of long period of time deposits. The money is kept in…

Q: What are some mandates and compliance regulations that protect people's identity and privacy?

A: Concept Privacy refers to a person's ability to control when, how, and to what extent their personal…

Q: Where do you get the number 11?

A: Given, Marginal propensity to save (mps)=0.2 Marginal propensity to import (mpm)=0.1 Marginal income…

Q: I cannot understand anything written on this paper, would you please be able to type it?

A: This graph is actually showing the relationship between real exchange rate and nominal exchange rate…

Q: What is one pkus one

A: Step 1:One plus one equals two1+1 = 2 For example if you have one apple and you get one more apple ,…

Inflation and Purchasing Power Theory

In economic terms, Inflation refers to the increase in the costs of various commodities which are used in daily lifestyle like food, clothes, transport, etc. over a specific time. It may lead to a fall in the purchasing power of the people and also affects the exchange rate of the currency because of the price increase. As the purchasing power falls the unit of the currency in the economy falls. When the prices of the commodities are decreased, then the purchasing power of the consumers will rise, then it will lead to deflation and changes the currency of the base economy to that of the foreign economy which will lead to change in exchange rates.