Answered: If C = Cd +Cf I = Id +If G = Gd +Gf…

If C = Cd +Cf I = Id +If G = Gd +Gf Show that NX=Y-(C+I+G) where, subscripts d and f are used for spending on domestic and foreign goods respectively.

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)

14th Edition

ISBN:9781305506381

Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

Chapter5: Business And Economic Forecasting

Section: Chapter Questions

Problem 1.1CE

See similar textbooks

Related questions

Q: Suppose the fictional country of Yellowstone produces two types of goods: agricultural and capital.…

A: It can be defined as the representation in a graphical form that shows the combination of two goods…

Q: A firm is planning to manufacture a new product. As the selling price is increased, the quantity…

A: P=475-0.25QTC=48Q+22500Now,TR=P×QTR=(475-0.25Q)(×QTR=475Q-0.25Q2

Q: If you were to do a research on the topic of determining the satisfaction of university students on…

A: The utility is a metric for assessing a person's satisfaction after consuming items. In other words,…

Q: Game Theory: A game between two friends) (a) Write down the set of pure strategies for each player,…

A: The purpose of this question is to show the analyze strategic communication using game theory. Game…

Q: From the following data calculate the gross value added at market price. 700 None 1300 Categories…

A: Gross Value Added refer to the value of goods and services produce in an economy .

Q: A newspaper started an online version of its paper 14 years ago. In a recent presentation to…

A: Revenue refers to the total amount of money generated by a business or organization through its…

Q: 5) Paper purchased by a publisher is (intermediate good/final good/consumer good/service)

A: # the goods which are used for the production of final goods or we can say that the goods which are…

Q: ociated NNP is equal to– (A) GNP- depreciationqon (B) GNP + depreciation qong (C) GNP– net export on…

A: According to the given question NNP stands for net national product is the actual amount of the…

Q: Using the data in the table below, calculate Aggregate Expenditure (AE), Savings (S), and increasing…

A: Aggregate expenditure:It is the value of all the products and services produced in an economy in a…

Q: (c) In a city, the consumer price index in 2015, 2016, and 2017 were 100, 108.5, and 113.5…

A: (C). Consumer price index is the tool or an instrument to measure inflation. It is used to measure…

Q: Find Gross Value Added at Market Price. Items (2 in lakhs) () Depreciation 20 Domestic Sales (ii)…

A: Economics is the study related with scarcity.

Q: A family has 15 members and has the following income data. $52,000, $22,000, $92,000, $8,000,…

A: Arrange the income in ascending order. $8,000 $14,000 $22,000 $26,000 $38,000 $46,000…

Q: 5. If the consumer price index was 90 in 2011 and five years later in 2016 it was 120, the…

A: Given : Consumer price Index (2011) = 90 Consumer price Index (2016) = 120 ( Consumer Price Index…

Q: Which expression best describes the ordinary least squares estimate for B₁? (a) b₁ = -11.111 (b) b₁…

A: We have been given the following data,ixiyi11-2.523-0.75351.347-1.55591.25Here x is the independent…

Q: The accumulated water budget is shown in the below table for munoj city.

A: Since the question you have asked consist of multiple parts, we will answer the first three parts…

Q: (ii) Suppose Country B is similar to Country A in the amount of government expenditures and the…

A: There two points to note about the tax revenue of country B : 1 .) Tax revenue balances the budget…

Question

100%

Q-3:

If C = Cd +Cf
I = Id +If
G = Gd +Gf
Show that NX=Y-(C+I+G)
where, subscripts d and f are used for spending on domestic and foreign goods respectively.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
. The manager of Petro North gasoline service station wants to forecast the demand for unleaded gasoline next month so that the proper number of gallons can be ordered from the distributor. The manager has accumulated the sales data and forecast accuracy measures during the past 10 months, which are shown in the table below. Fill all blank spaces in the table labeled a through f. Month Feb Mar Apr May Jun Jul Aug Sep Oct Nov 3-month Simple Moving Average N/A N/A N/A 1310.00 1340.00 1443.33 1566.67 1800.00 a 1673.33 Sales (in gallons) 1130 1360 1440 b 1670 1810 1920 1630 1470 1510 MAD N/A N/A N/A 90.00 210.00 262.22 С 262.00 271.11 255.71 MAPD N/A N/A N/A 0.074 d 0.167 0.172 0.159 0.167 0.159 MSE N/A N/A N/A 8100 58500 e 94072 81038 84245 76021 CE N/A N/A N/A -90 240.00 606.67 960.00 790.00 f 310.00
Typed answer and do it correctly please I will rate accordingly.
Typed plzzz And Asap Thanks
Question 7 (Hint: fill in the graph.) D: 5000-1.5Q S: 200+ 2.5Q In the world market for scooters, Scooterland is an exporter. How many scooters are being exported from Scooterland? Typed numeric answer will be automatically saved. 5000 3995 3200 200 0 Scooters 1200 WP
Plastic cups are made by forming of raw plastic. The price of plastic is 4.500 OMR per kg and the price of plastic cups is 13 OMR per 1000 cups. Plant requires differ- ent machine which cost about 50,000 OMR, but the machines has to be imported, after paying 25% as customs duty. On a graph paper, draw a freehand graph and represent all important parameters. Due to increase in plastic price, the break-even quantity has increased by 10%. Find out the new plastic price?
Consumption=$450, GDP=$900, GNP=$840, GDE=$980, Current Account=50, Corporate Profits=$130, Domestic Income3$600, Retained Earnings=$45, Dividends Paid Out=$35, Yd=$345, SGOVERNMENT=50, SBUSINESS=$145, Direct Taxes=$250 find depreciation, I, X-M AND Total government revenue (taxes)
Forecast the average number of viewers during the 2009 season using a three-period weighted moving average with weights 3, 2, and 1, applying 3 to the most recent data and 1 to the oldest data.
Kindly answer it asap please. Thank yoouuu!! Check 2nd photo as reference for the diagram.
:= 1:36 MicrolnternationalProject 5G 49 Done International Aspect of Project Homework Below is an except pasted from a semester project for this course (broken into two pieces). Your task is to respond to this prompt and to cite at least one source. For this assignment, the source may be scholarly or from a periodical. Your source should be documented as a reference using APA style. Be sure to respond to the prompt using concepts from our course. You may use models to illustrate your points. 1. American solar farms receive billions of dollars in taxpayer subsidies each year. These subsidies allow them to substitute grain production for energy production. How do U.S. solar farm subsidies hurt or benefit Mexican farmers? 2. What does this imply for U.S. food production independence? What could be done to address this problem, and would the solution be effective? Notice, having a positive effect, a negative effect or no net-effect is a possibility on Mexican farmers. Whatever your answer,…
The accompanying table lists the foreign exchange rate between U.S. dollars and British pounds (GBP) during May 2020. Of the dates in the table, 05- would have been the best day for converting US $500 into British pounds and 05- would have been the worst day for converting US $500 into British pounds. (Type whole numbers.) The difference in pounds between these two dates would be £. (Round to two decimal places as needed.) Date 05-01 05-02 05-03 05-04 05-05 05-08 05-09 05-10 05-11 05-12 05-15 $/£ 1.2917 1.2921 1.2916 1.2910 1.2950 1.2942 1.2939 1.2939 1.2885 1.2880 1.2917 Date 05-16 05-17 05-18 05-19 05-22 05-23 05-24 05-25 05-26 05-30 05-31 $/£ 1.2912 1.2944 1.3009 1.3018 1.3006 1.2984 1.2935 1.2954 1.2795 1.2858 1.2905
Please provid the breakdown of coordinates for the graph and other answers with explanation: Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.