In the circular flow of income and spending in South Africa, factor market becomes market becomes firms in the households in the goods firms. Expenditure by foreigners on South African products households, while the circular flow. constitutes Select one: a. Production of; spending by; production of; income to; a leakage from b. Income to; income to; spending by; spending by; an injection into c. Spending by; income to; spending by; income to; an injection into d. Spending by; spending by; income to; income to; a leakage from e. Income to; spending by; income to; spending by; a leakage from

In the circular flow of income and spending in South Africa, factor market becomes market becomes firms in the households in the goods firms. Expenditure by foreigners on South African products households, while the circular flow. constitutes Select one: a. Production of; spending by; production of; income to; a leakage from b. Income to; income to; spending by; spending by; an injection into c. Spending by; income to; spending by; income to; an injection into d. Spending by; spending by; income to; income to; a leakage from e. Income to; spending by; income to; spending by; a leakage from

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter25: The Keynesian Perspective

Section: Chapter Questions

Problem 17CTQ: In its recent report, The Conference Boards Global Economic Outlook 2015, updated November 2014...

See similar textbooks

Similar questions

6. GlobalizationSuppose an international hotel chain is planning to overtake an small but established Austrianhotel chain, investing by renovating the existing buildings and constructing a few new ones.Discuss which benefits and drawbacks could be expected for Austria by giving two examples foreach.
The United States exports14%ofGDP while Germany exports about 50% of it sGDP.Explain wha ttha tmeans.
ce the total doilar value of that share. a. Computers b. Mapie sysup nol c. Soybeans hsbun bne "tlqed Hவந் ar d. Cocoa beans iba at ole. Beer 12. Over the past five years the United States has become the world's largest producer of natural gas. But gas producers have struggled to find methods to liquefy natural gas so that it can be exported across the Atlantic. Enter Cheniere Energy, a Houston-based natural gas company that has developed a natural gas export terminal located on the Sabine Pass leading into the Gulf of Mexico. The terminal will give U.S. companies access to markets all over the world. a. Explain how the development of a natural gas export terminal will affect the market for natural gas in the United States. b. Assuming natural gas prices are $3.00 per BTU, illustrate the effect of an export terminal on the demand for natural gas in the United States. Explain your findings. sni
Susan, a U.S. citizen, builds and operates a kennel in France. This action is an example of a, investment for Susan and U.S. foreign direct investment. O b. investment for Susan and U.S. foreign portfolio investment. O c. U.S. foreign direct investment and U.S. domestic investment. d. U.S. foreign portfolio investment and U.S. domestic investment.
Which of the following is an example of foreign direct investment? Select one: a. A Brazilian firm opens a production plant in Argentina. O b. Chinese tourists visit the United States. 0 с. Od. A business from Ontario, Canada, opens a production plant in Manitoba, Canada. Italian savers buy British stocks.
Suppose there is a reduction in foreign output, Y*. This reduction in Y* will cause which of the following in the domestic country?a reduction in outputa reduction in consumptiona reduction in net exportsall of the abovenone of the above
Atariff is: a. A limit on the number of foreign goods enteringa country b. A tax on imported goods and services C. A tax on domestic goods and services O d. A limit on the number of foreign goods leaving a county limit on the number of foreign goods entering a country
When the nation of Ectenia opens itself to worldtrade in coffee beans, the domestic price of coffeebeans falls. Which of the following describes thesituation?a. Domestic production of coffee rises, and Ecteniabecomes a coffee importer.b. Domestic production of coffee rises, and Ecteniabecomes a coffee exporter.c. Domestic production of coffee falls, and Ecteniabecomes a coffee importer.d. Domestic production of coffee falls, and Ecteniabecomes a coffee exporter.
If a country is running a government budget surplus, why is (T - G) on the left side of the saving-investment identity?
In what way does comparing a countrys exports to GDP reflect its degree of globalization?
In its recent report, The Conference Boards Global Economic Outlook 2015, updated November 2014 (http://www.conference-board.org/data/ globaloutlook.cfm), projects Chinas growth between 2015 and 2019 to be about 5.5%. International Business Times (http//www.ibtimes.com/us-exports-china-have rown-294-over-past-decade- 1338693) reports that China is the United States third largest export market, with exports to China growing 294 over the last ten years. Explain what impact China has on the U.S. economy.
Which of the following statements, in the context of U.S. exports, is ru? O A bulk of U.S. exports to developing nations comprise of perishable commodities. O Most US. exports are produced in high-wage industries. O The US. mainly exports labor intensive goods. O The US. exports products produced in the low wage Industries. O Primary products account for the largest share of U.S. exports to developed nations. D Question 21 Any terms of trade within the limits set by domestic opportinity costs will be mutually harmful, becuse each country trie to puh the other as close to the limits of the t O ue O Falbe D Question 22 The limits of the terma of trade are determined by the O diribution costs in each county O umencs echange a batween the trading partners O ock of teignethnge inh coury Oeuntv concounty OAere ol cost l pni gthe