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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Data for the country of Upper Mongoose are given in the table below. All figures are in billions of dollars. Category Value Net exports $50 Value of new goods and services produced in the underground economy 75 Personal consumption expenditures 300 Value of the services of stay-at-home parents 25 Gross domestic investment 100 Government purchases 50 Total 600 Instructions: In part a, enter your answer as a whole number. In parts b-c, round your answers to 2 decimal places. a. What is Upper Mongoose's GDP for the year? billion b. What is the size of the underground economy as a percentage of GDP? percent C By what percentage would GDP be boosted if the value of the services of stay-at-home spouses were included in GDP?
Please calculate and draw a conclusion. Ex Rates 2017 2018 EUR 75 76 USD 63 65 YEN per 100 55 57 Imported goods 2017 2018 QTY 709,080 Prices RUB 422.57 QTY 700,004 Prices RUB A. pcs B, m2 417.16 22,351 108.12 22,065 206.81 C,liters 233,392 137.85 230,405 263.69 Exported goods 2017 2018 Currency EUR QTY 29 6. Prices D. kkg A, kpcs F, KTons QTY 37 Prices 128.46 243.29 174.07 398.36 USD 7. YEN 108 429.13 106 362.47 Transit goods, keur 7.432 2017 822 1.0070 2018 912 1.0304 GDP, Mil USD Population, Mil HC Questions 2017 2018 Conclusions The volume of export per capita The volume of imports per capita The volume of foreign trade turnover per capita
The current account includes changes in a. net exports, net foreign investment income, and import transfers. b. net flows of goods and changes private consumption spending. c. net transfers of non-financial assets and flows of goods and income. d. net foreign investment income, net exports, and net transfers. e. net transfers, net derivatives, and net investment income.
Consider the economy of the planet Navarro. In Navarro, domestic investment of 400 million imperial credits earned 15 million in capital gains during the year. In addition, Navarro purchased $160 million in new foreign assets and foreigners purchased $10 million in Navarro assets. Assume that the valuation effects total $5 million in capital gains. a. Compute the change in domestic wealth in Navarro. b. Compute the change in external wealth for Navarro. c. Compute the total change in wealth for Navarro. d. Compute domestic savings for Navarro. e. Compute Navarro’s current account. Is the CA in deficit or surplus? f. Explain the intuition for the CA deficit/surplus in terms of savings in Navarro, financial flows, and its domestic/external wealth position. g. How would an appreciation in Navarro’s currency (the imperial credits) affect its domestic, external, and total wealth? Assume that foreign assets owned by Navarroans are denominated in foreign currency.
If a 2-percent increase in the price of corn flakes causes a 10-percent decline in the quantity demanded, what is the elasticity of demand?
2. As a result of the trade war, the US increases its trade barriers. a. How would only this development affect the IS curve? b. Now assume that other countries response by increasing their trade barriers. Explain how would these developments affect the IS curve?
3. The Economist publishes its Own version of the PPP theorem, which it refers to as the 4. theory predicts that changes relative prices will result in change in exchange rates. in a 5. The growth rate of a country's money supply determines its likely future rate.
2. The current account of the balance of payments is calculated as: a. the sum of imports, exports, and transfers. b. the sum of national income and national expenditure. c. the sum of the trade balance, net factor income from abroad, and net unilateral transfers. d. the difference between GDP and GNE.
If U.S. residents purchase $600 billion worth of foreign assets and foreigner residents purchase $300 billion worth of U.S. assets, OA. U.S. net capital outflow is $300 billion; capital is flowing into the U.S. OB. U.S. net capital outflow is -$300 billion; capital is flowing into the U.S. OC. U.S. net capital outflow is -$300 billion; capital is flowing out of the U.S. OD. U.S. net capital outflow is $300 billion; capital is flowing out of the U.S. Reset Selection
Please solve and show steps. I do not understand how 10 Billiong, -12billion is the answer.
If the income in Mexico increases gradually, then most likely Mexico will import goods and services from other countries. more O the same amount less O either more or less depending on political circumstances