The table above gives the values of different expenditures in the United States. Answer the following questions about the United States.   What is the value of net exports of goods and services? In addition, why can this trade deficit raise the issues for the US economy?     What is the amount of GDP from the table?

Q: . Assume that the gross domestic product is $6,000, personal disposal income is $5,100, the…

A: a. Private Saving = $1,300b. Investment = $1,300c. Government Spending = $800d. National Savings =…

Q: What is Australia’s balance on goods?   What is Australia’s balance on services     What is…

A: Balance of goods = exports of goods - imports of goods Balance on services = exports of services -…

Q: Consider the information about the economy of Pakistan. Note that the currency of Pakistan is the…

A: The term GDP stands for Gross Domestic Product which is total amount of goods and services produced…

Q: Siven this change, the dollar Fill in the following table with the effect of a tariff on the…

A: It can be defined as a market that is also known as an over-the-counter (OTC) marketplace that…

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: View the data on the trade balance below. Then answer the questions that follow.   Is the United…

A: (1). The United States is currently in a trade deficit situation because the values of trade balance…

Q: Consider the information about the economy of Pakistan. Note that the currency of Pakistan is the…

A: The total monetary worth of all finished goods and services produced in a nation during a given time…

Q: If the value of a nation’s imports exceeds the valueof its exports, which of the following is NOT…

A: If the value of a nation’s imports exceeds the value of its exports. Then,  A) net exports = exports…

Q: What are the major issues with regard to trade imbalances for low- and middle-income countries?

A: Trade imbalances: The negative balance of trade shows the trade deficit which means that the country…

Q: What is a trade deficit, and why does it hurt us to consistently run a deficit with another country?

A: Answer: Introduction: A trade deficit occurs when a country imports more than what it exports. It is…

Q: 4.Analyzing the effects of a trade deficit You have just been hired by the U.S. government to…

A: When a nation's imports exceed its exports over a given time frame, a trade deficit results. It is…

Q: Suppose a Portuguese citizen travels to Tanzania to go on a safari and uses euros for the…

A: Balance of Payment: The balance of payments is a systematic record of all economic transactions…

Q: When looking only at the import and export of services, the U.S.    a. has a trade deficit b. has a…

A: When imports of a country are greater than its exports, it is said to have a trade deficit. When…

Q: So I don't need to fill out anything for net exports?

A: A country's overall output of goods and services is referred to as its gross domestic product. GDP…

Q: At the end of 2016, foreign investors owned over $8 trillion more of U.S. assets than U.S. investors…

A: A country is said to be a net debtor when it faces relatively more foreign liabilities than foreign…

Q: The great country of Naboombu has private savings of $700 billion, investment of $800 billion, tax…

A: Government surplus refers to the money left with the government after carrying out developmental…

Q: Don't use Ai

A: Ans. A rise in government spending on large infrastructure projects would be most likely to: A.…

Q: Fill in the blanks with increase, decrease, no change or ambiguous. 1. Other things the same, an…

A: Trade Deficit occurs when imports become more than the country can export goods and services.…

Q: Assume that in 2010, a country had a GDP of $500$⁢500 billion, a budget deficit of $6$⁢6 billion,…

A: Gross domestic product (GDP): - GDP is the market value of all final goods and services produced in…

Q: 10. If net foreign investments are -250, what are the net exports? Can you draw any conclusions…

A: Foreign investment refers to the capital flow from one country to another, this grants the foreign…

Q: The table below includes information on the hypothetical economy of Hersty. Assume the government is…

A: The twin deficit or double deficit is defined as the economy having both fiscal and current deficits…

Q: Examine the summary of the balance of payments of the United States for 2021. Compute and discuss…

A: Foreign Direct Investment (FDI) is a financial investment made by a person, institution, or…

Q: Which of the following will increase the trade deficit of the US? a. The US dollar depreciating in…

A: A trade deficit occurs when the country has more imports rather than exports and this will result in…

Q: Define each of the following terms: c. Trade deficit; devaluation; revaluation

A: Trade deficit: Trade deficit can be defined as a situation where country's import exceeds its…