Which component(s) had a positive contribution to growth in each quarter?Choose one or more:A. gross private domestic investment spendingB. government spendingC. net exports of goods and servicesD. consumption expenditurePart 2See HintAs you know, the United States has consistently run a trade deficit for the past forty years. In which quarter(s), did the trade deficit fall?Choose one or more:A. Q4 2018OB. Q1 2019□ C. Q2 2019OD. Q3 2019E. Q4 2019Part 3See HintEconomists look at current and past GDP data to get some idea of what might happen to GDP growth in the future. If we look at the lastthree quarters, Q2 2019 to Q4 2019, the contribution ofspending in particular might lead to slower growth in thefuture.

Step 1:Question 1:Which component(s) had a positive contribution to growth in each quarter?To answer…

Answered: Which component(s) had a positive…

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter13: Open-economy Macroeconomics: Basic Concepts

Section: Chapter Questions

Problem 1CQQ

See similar textbooks

Similar questions

Question 1:In Ghana, the capital share of GDP is about 40 percent, the average growth in output is about2 percent per year, the depreciation rate is about 3 percent per year, and the capital–output ratiois about 1.5. Suppose that the production function is Cobb–Douglas and that Ghana has beenin a steady state.a. What must the saving rate be in the initial steady state? [Hint: Use the steady-staterelationship, sy = (δ + n + g)k.]b. What is the marginal product of capital in the initial steady state?c. Suppose that public policy alters the saving rate so that the economy reaches the GoldenRule level of capital. What will the marginal product of capital be at the Golden Rule steadystate? Compare the marginal product at the Golden Rule steady state to the marginal productin the initial steady state. Explain.d. What will the capital–output ratio be at the Golden Rule steady state? (Hint: For the Cobb–Douglas production function, the capital–output ratio is related to the marginal product…
A. By what percentage did GDP decline in 2008? B. At that rate, how much output would have been lost in the $14 trillion economy of 2008?$ Billion C. How much income did this represent for each of the 300 million U.S citizens?
An emerging country has a real GDP of $1532.8 billion. After one year, real GDP has grown to $1.640 x 103³ billion.. percentage terms, what is the growth rate? Please round your answer to the nearest whole number. Macmillan Learning growth rate: de
please quickly thanks !
Question 888M In 2018, the U.S. GDP was approximately $ 2.5 trillion. However, India is growing faster than theU.S.a. If the U.S. economy grows at 3% per year, in what year will the U.S. GDP double to $40trillion? (Hint—use the Rule of 70).b. If India’s economy grows at 7% per year, in what year will its GDP double to $ 5 trillion Full explain this question and text typing work only thanks
“There is a generally held belief that an expansion of the exports sector in a country would usually lead to an improved economic growth”. In line with the above statement, please ascertain whether exports do actually provide economic growth and discuss the various strategies that government adopts to promote exports.
1-Definition between balance and unbalance of growth countries ?
An emerging country has a real GDP of $ 1330.1 billion. After one year, real GDP has grown to $ 1383 billion. In percentage terms, what is the growth rate? Please round your answer to the nearest whole number.
An emerging country has a real GDP of $1446.7 billion. After one year, real GDP has grown to $1534 billion. In percentage terms, what is the growth rate? Please round your answer to the nearest whole number. growth rate:
7. Calculate the compound annual growth rates of goods exports and GDP of developed, developing countries, Canada and BRIC for the decade 2006-2016 (just use end years data to calculate the growth. Present your result either in a table or graphs. What do these growth rates tell about globalization vs. national economic growth rates for these groups? 8. How have US shares of Canada's exports, and imports of goods and services, and inward and outward FDI stock changed in the last two decades? Show with two graphs, one for trade and the other for FDI) Most of these data can be downloaded from World Bank, UNCTAD and CANSIM databases.
Argentina has net capital outflow of $2,000, government purchases of $10,000 and consumption of $40,000. Which of the following is correct? If its domestic investment is $2,000, its GDP is $52,000. If its domestic investment is $4,000, its GDP is $56,000. If its domestic investment is $10,000, its GDP is $58,000. None of the above are correct. b. d. A B D b
If a country is running a government budget surplus, why is (T - G) on the left side of the saving-investment identity?

SEE MORE QUESTIONS

Recommended textbooks for you

Brief Principles of Macroeconomics (MindTap Cours…

Economics

ISBN:

9781337091985

Author:

N. Gregory Mankiw

Publisher:

Cengage Learning

Principles of Economics 2e

Economics

ISBN:

9781947172364

Author:

Steven A. Greenlaw; David Shapiro

Publisher:

OpenStax

Brief Principles of Macroeconomics (MindTap Cours…

Economics

ISBN:

9781337091985

Author:

N. Gregory Mankiw

Publisher:

Cengage Learning

Principles of Economics 2e

Economics

ISBN:

9781947172364

Author:

Steven A. Greenlaw; David Shapiro

Publisher:

OpenStax

SEE MORE TEXTBOOKS