Which pair below are examples of automatic stabilisers? O taxes and welfare payments saving and investment prices and output interest rates and exchange rates
Q: According to the chart and the Heckscher-Ohlin theory the US will _________ labor intensive and…
A: According to the Heckscher-Ohlin theory, countries differ in terms of resources they are endowed…
Q: Which of the following is assocaited wtih FPI? A.) equity shares and loans B.) building…
A: Foreign portfolio investment (FPI) comprises of protections and other monetary resources held by…
Q: Pls hep with this homework
A: The answer is - d. FDI plays a key role in influencing the composition of export, including the…
Q: D7 list and explain the 4 participants that influence the flows of production, income and…
A:
Q: Assuming there is no trade, if the Marginal Propensity to Save is 0.20 and the government increases…
A: So there is effect of multiplier will occur.
Q: Instructions: Enter your answers as a whole number. a. Suppose that businesses buy a total of $140…
A: A) As per the inquiry, the given graph speaks to the two-area model of the economy with the business…
Q: According to International Business, give a summary on global planning transfer
A: The transfer of commodities, services, technology, money, and/or information across national…
Q: Some data at first might seem puzzling: The share of GDP devoted to investment was similar for…
A: The gross domestic product refers to the total amount of all the final goods and services produced…
Q: An emerging country is defined as a country that becomes more engaged with global markets as it…
A: As there is increase in the income , standard of living and growth of economy , it shows there is…
Q: Some resource-rich countries have succeeded in converting resource wealth into longterm and…
A: Equitable economic growth refers to an economic development that is inclusive and benefits all…
Q: Suppose you are interested in the hypothesis that internet access is a significant contributor to…
A: Gross Domestic Product (GDP) is a monetary measure that represents the total value of all goods and…
Q: It is arguable that the construction and housing industries are ideal to play the role of engines…
A: The importance of the housing sector in the present economy arises from its substantial effects on…
Q: Describe the gaps between real GDP per person in Canada and in other countries. For which countries…
A: The gaps between real GDP per person in Canada and other countries vary depending on the country in…
Q: Refer to the figure below and assume that the values for points a, b, and c (the combined value of…
A: Economic production is like a symphony, in which resources combine to produce prosperity. It is the…
Q: How will you differentiate an open economy from a closed economy? Explain with the help of an…
A: An open economy is one in which product commerce involves not only domestic elements but also…
Q: a) You have an avocado tree, growing 100 avocados this year, 0 next year. Neighbor's tree grows 0…
A: Assumption Let's Take = 1 yearlet's take next year = 2 year Given Information Our current production…
Q: if capital became more inportant as an economy grew richer, what would happen to hte capital share…
A: Capital plays an important role in development of a nation. Thus in economics the discussion o…
Q: 2. The Ricardian Model and Argentina Below are several questions about the Ricardian Model in the…
A: Taxation is the legal process by which a government or other taxing body or any kind of institution…
Q: Using Market Exchange Rates rather than PPP Exchange rates... a. underestimates GDP for developing…
A: Market Exchange Rates:Market exchange rates refer to the rates at which one country's currency can…
Q: According to international studies, larger GDP per person is associated with which other measures of…
A: Economic growth and development are directly related. Development is associated with longer life…
Q: country's investment can be financed by ________. a. a government budget surplus b. national saving…
A: For the growth of a nation, investment is the key. Investment allows better and efficient…
Q: What would happen to our living standards if the country we lived in became a closed economy?
A: Closed economy: - A closed economy is one that does not trade with the rest of the world in other…
Q: YN CN Next question Suppose that the production function is given by 0 5VR N. where Y is output Kis…
A: Given production function Y=0.5K*N δ=0.05s=0s=0.1s=0.2s=1
Q: Which of the following bodies finalizes the Five Year Plan Proposals?
A: To find : Which finalize 5 year plan.
Q: Why should marketers be aware of the BRIC countries? O They are a microcosm of the rest of the…
A: BRIC refers to the multilateral group which consists of Brazil, Russia, India and China.These are…
Q: In about 250 words, write a short essay on ONE economy from the list below: i. Singapore; ii. The…
A: In the 10 years before the great recession, from 1999 to 2007, Singapore’s GDP grew 6.0% on average.…
Q: Give the importance why a certain country must have its own economic policy.
A: An economic policy is a plan of operation designed to regulate or govern the conduct of the market.
Q: Define Closed and Open Economies, Explain the circular flow of income and expenditure in Closed…
A: An economy is said to be closed or open based on the area of trading goods and services that are…
Q: Economic stabilisation programmes frequently include time gaps. Which lags in the effects of…
A: These lags are explained as under: 1. The Recognition Lag: It alludes to the time between the…
Q: The Northeast (Manchuria) is China's richest and fastest- growing macro-region. O True False
A: Economic growth refers to an increase in the production of goods and services over a period of time…
Q: Government spending increases from G1 to G2. Which of the following diagrams best represent the…
A: Picture A is the correct one. If Y=C+G. C=Y-G with h-l = 24 hrs or labor =0, Y=0, C=-G
Q: Economists draw a distinction between world as it is, and statements, which describe th statements,…
A: You appear to be addressing a basic subject in economics and philosophy: the distinction between…
Q: Solve for the following (provide solutions) 1. Equilibrium Output (Y*) 2. The consumption level…
A: The equilibrium level of income in a Keynesian cross model is determined by the intersection of 45…
Q: What is the best way to measure the rate of economics growth? O a. By the annual percentage change…
A: Economic growth is the gradual rise in a country's output of goods and services over time. Inflation…
Q: , capital, natural resources, Look at the image below and give desrciption of your understanding of…
A: In the given diagram, there are two economic agents in the economy: Household: Owner of factors of…
Q: A country faces diminishing marginal returns when increasing it's capital stock. If this country…
A: Diminishing marginal returns is defined as the decrease in production with the addition of more and…
Q: 1. The graph depicts the production possibilities of the nation Metalland. Metalland produces two…
A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…
Q: Consider the following open economy model: C = CO + cYD YD= Y I= I0. br NX = No - n¡Y + n2Yf + n3R…
A: since you have asked multiple questions and according to policy we can solve only 1 question and for…
Q: a. Consider a small open economy Atlantis, under the Specific Factors Model. The economy can produce…
A: Answer a) The Specific Factors Model is a model that assumes that an economy produces only two goods…
Q: Give a one sentence justification. 1. Adjusting for purchasing power parity tends to increase the…
A: 1. Adjusting for purchasing power parity (PPP) tends to increase the measured income differences…
Q: Which of the following policies would likely increase productivity all else the same? A increasing…
A: At the marketplace, productivity refers to the total amount of goods and services produced with the…
Q: Consider a Ricardian model with two countries, the United States and Ecuador, producing two goods,…
A: Production is the process of creating goods or services using various resources like labor, raw…
Q: E3
A: An economic system is a way for societies or governments to organise and distribute available…
Q: Define Closed and Open Economies, Explain the circular flow of income and expenditure in Closed…
A: The gross domestic product(GDP) refers to the market value of all the final commodities(goods and…
Step by step
Solved in 2 steps
- Microsoft Word - (2)p macro HW 1 B AaBbCc AaBbCAaBbCcDc AaBbCcDc 2 ulgi 1 ülaue blout Production Year 1 Good X 50 Good Y 100 Prices ear! $1.20 S0.60 Year 2 Year 3 Year 1 $1.00 S0.60 Year3 S1.20 50 60 140 120 1-Assume that this economy produces onlytwo goods Good Xand Good Y. The value for this economy's nominal GDP in year lis 2- Assume that this economy produces only two goods Good l'and Good Y The value for this economy'snominal GDP in year 3 is 3-Assume that this economy produces only two goods Good l'and Good Y The value for this economy s nominal GDP in yea 4-Assume that this econonmy produces onlyt 1 is the base year. the value for this economy sre land Good Y If year 5-Assume that this economy produces only two goods Good land Good Y If year 1 is the base vear. the value for this economy's GDP deflator in vear 1 is 6- Assume that this economy produces only two goods Good.I and Good Y If year 1 is the base year. the value for this economy's GDP deflator in year 2 is 7- Assume…Suppose the government runs fewer budget deficit and there is a decrease in the average household income. Then, O The new EQ quantity of loanable funds would be indeterminate, , but the new EQ interest rate would increase. O The new EQ quantity of loanable funds would decrease, but the new EQ interest rate would be indeterminate. O The new EQ quantity of loanable funds would be indeterminate, , but the new EQ interest rate would decrease. The new EQ quantity of loanable funds would be indeterminate, but the new EQ interest rate would increase. The new EQ quantity of loanable funds would increase, but the new EQ interest rate would be indeterminate.worn out in the production process. ment Now IzMe: Section 2.7 uge your comprehension of this section. To begin, please click the wnward arrow located at the top right of this box. Assignment Score: 0.00% Submit Assignment for Grading Save ns tu2et10h_Ch02_Sec07.02m « Question 2 of 3 » Check My Work Three different economies have made choices about the production of capital goods. Which of the following is most likely to produce the greatest growth in the production possibilities curve (PPC)? O a. Less production of capital goods than what is needed to replace worn-out capital. Ob. Capital goods produced at the exact rate needed to replace worn-out capital. c. More production of consumption goods that replace worn-out capital. O d. Greater production of capital goods than what is needed to replace worn-out capital. MacBook Air DD F6 EZ F8 F9 F10 F11 F12 & * 6 7 8 { P + 000
- According to Table 19.7, how often have recessions occurred since the end of World War II (1945)?Would you usually expect GDP as measured by what is demanded to be greater than GDP measured by what is supplied, or the reverse?As technological change makes us more sedentary and food costs increase, obesity is likely. What factors do you think may limit obesity?
- If a country is running a government budget surplus, why is (T - G) on the left side of the saving-investment identity?Suppose we extend the circular flow model to add imports and exports. Copy the circular flow diagram onto a sheet of paper and then add a foreign county as a third agent. Draw a rough sketch of the flows of imports, exports, and the payment for each on your diagram.The data in columns 1 and 2 in the table below are for a private closed economy Instructions: For all parts, enter only whole numbers for your answers. If you are entering any negative values, be sure to include a negative sign (-) in front of the number you are entering. (1) Real Domestic Aggregate Output (Billions) $200 (6) Aggregate Expenditures, Exports Open Economy (Billions) (2) (5) Net (3) Expenditures Exports, (Billions) $20 $20 $20 (4) Imports, (Billions) $30 (Billions) (Billions) $240 $250 $300 $350 $280 $30 $320 $30 $360 $20 $30 $400 $400 $20 $30 $450 $440 $480 $520 $20 $30 S %24 $500 $550 $20 $20 $30 $30 a. Using columns 1 and 2, what is the equilibrium GDP for this hypothietical economy? $ billion b. Now open up this economy to international trade by Including the export and import figures of columns 3 and 4. Fill in columns 5 and 6 What is the equilibrium GDP for the open economy? $ billion
- Which of the following is not included in macro environment? O a. Competitors b. Economic O C. Political o d. DemographicThe catch-up effect refers to the idea that Select one: a. Rich countries aid relatively poor countries so as to catch them up O b. None of the answers are correct Oc. Saving will always catch-up with investment spending O d. It is easier for a country to grow fast if it starts out relatively poor O e. If investment spending is low, increased saving will help investment to catch-updont chatgpt i will 5 upvotes Which of the following economic news items suggests a less favourable environment for investment? Select one1: A. Rising interest rates B. The Government lowers personal income tax C. GDP growth has increased D. All of the conditions suggests a less favourable environment for investment E. All of the conditions suggests a more favourable environment for investment