a. When current account is in deficit, what can we say about the output produced by an economy (Y) and aggregate expenditure of an economy (E)? Briefly explain.
b. Given the following information, what can we say about the relationship between national saving (S) and domestic investment (Id)? Briefly explain. Exports of goods and services = $100 billion Imports of goods and services = $200 billion Net income inflows (profits, dividends and income repatriated by American companies and individuals who are abroad minus profits, dividends and income paid to foreign countries) = $50 billion Net unilateral transfers = -$10 billion

Answers

Answer 1

a. When current account is in deficit, we can say that the output produced by an economy (Y) is greater than its aggregate expenditure (E). b. Since imports of goods and services ($200 billion) are greater than exports of goods and services ($100 billion), the current account is in deficit.

A current account deficit happens when an economy is spending more on imports of goods and services, income payments to foreign residents, and transfer payments to foreigners than it is earning from the sale of exports of goods and services, income receipts from foreign residents, and transfer payments from foreigners. The balance of payments is made up of a current account and a capital account, which must balance each other out. A current account deficit is offset by a surplus in the capital account, indicating that domestic investment exceeds national savings.

b. Since imports of goods and services ($200 billion) are greater than exports of goods and services ($100 billion), the current account is in deficit. Net income inflows ($50 billion) and net unilateral transfers (-$10 billion) have no effect on the current account balance, which is calculated as exports - imports.  

A current account deficit means that the economy is consuming more than it is producing, necessitating an increase in borrowing from foreigners. The amount of borrowing from foreigners is equivalent to the gap between national savings and domestic investment. As a result, when the current account is in deficit, national savings (S) is less than domestic investment (Id).

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Related Questions

When the price of streaming Netflix increased from $10 to $11, the quantity of subscribers demanded fell from 100 to 85.

a) What is the price elasticity of demand for Netflix subscribers?

b) Is demand inelastic or elastic?

c) If we are the owners of Netflix, would we want to increase the price from $10 to $11? Why or why not?

need typed answers only.

Answers

a) The price elasticity of demand for Netflix subscribers can be calculated using the following formula: percentage change in quantity demanded divided by the percentage change in price, which is -1.5

In this case, the percentage change in quantity demanded is ((85-100)/100) x 100 = -15%, and the percentage change in price is ((11-10)/10) x 100 = 10%. Therefore, the price elasticity of demand for Netflix subscribers is -15%/10% = -1.5.

b) Since the price elasticity of demand for Netflix subscribers is -1.5, which is greater than 1, demand is considered elastic. This means that a small increase in price leads to a relatively large decrease in the quantity demanded.

c) If we are the owners of Netflix, we would have to weigh the potential benefits and drawbacks of increasing the price from $10 to $11.

On one hand, the decrease in quantity demanded may lead to a decrease in revenue, as fewer people subscribe to the service. On the other hand, if the price increase leads to a significant increase in revenue, it may be worth it. However, given the elastic nature of demand for Netflix subscribers, it is likely that the potential decrease in revenue would outweigh any potential increase, making it less desirable to increase the price.

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I am stuck on this question can someone help?

I am stuck on this question can someone help?

Answers

Answer:

college-sociologist, hairstylist, biomedical engineer

vocational certification- tour guide, childcare director, museum personnel

Explanation:

The price of mangoes is currently $5.00 per pound. At this price, producers are supplying 4,000 pounds of mangoes. Point C on the graph shows the current equilibrium price and quantity. To which point will the equilibrium shift if the demand increases suddenly because of a non-price determinan
t of demand?

Answers

Answer:

yes

Explanation:

Answer:

Point "B"

Explanation:

The following rule of thumb is to follow your equilibrium point. D2 "Demand Curve 2" and S1 "Supply Curve 1" illustrates how demand increases because of a non-price determinant.

________________ is used during the early stages of the product life cycle. Because the product is new, the focus is on explaining the benefits of the product class, and not on promoting the specific brand. ________________ is used during the early stages of the product life cycle. Because the product is new, the focus is on explaining the benefits of the product class, and not on promoting the specific brand. Company advertising Institutional advertising Pioneering advertising Advocacy advertising

Answers

Answer:

Pioneering Advertising

Explanation:

Pioneering advertising is the advertising campaign of the new product that should compete the single product by having a developed market place. The motive of this type of advertising is that to inform the consumers with respect to the arrival of the new innovation in the product along with the description of its benefits

So according to the given situation it represents the pioneering advertising

real wages can be cut without cutting nominal wages if:

Answers

Real wages can be cut without cutting nominal wages if there is an increase in the general price level or inflation. When prices rise, the purchasing power of money decreases, resulting in a decrease in real wages even if nominal wages remain the same.

It's worth noting that while this mechanism allows for a reduction in real wages without cutting nominal wages, it can have implications for workers' standards of living and overall economic well-being.

For example, if an employee's nominal wage is $20 per hour, but the prices of goods and services increase by 10%, the real value of their wage decreases because they can buy less with the same amount of money. In this case, the nominal wage remains unchanged, but the purchasing power decreases, effectively reducing real wages.

This situation is often referred to as "wage erosion" or "inflationary wage cut." It can occur when the rate of inflation outpaces the rate of wage increases, leading to a decline in real wages.

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Krysta, who manages the is organization for her company, is continually striving to expand is services and capitalize on the latest technology developments to support her company's business plans through the coming months. her is organization is perceived as a _____.

Answers

Based on the goals of the IS organization that Krysta manages, it can be perceived as a business partner or peer.

What is a business partner or peer?

This is a business established by a company to help it achieve its goals by engaging in alternative technological developments that will be beneficial to the parent company.

Krysta is managing an organization that helps her company to strive for more excellence which makes this a business partner.

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BARBICIDE® solution used for immersion of
implements should be changed:
A Once a week
B. Once a month
C. Daily
D. Only when cloudy or visibly contaminated
Next question

Answers

Answer:b

Explanation:

BARBICIDE solution used for immersion of implements should be changed  Once a month

What is Barbicide?

Barbicide is a bactericide solution used by barbers and cosmetologists for disinfecting grooming tools such as combs and hair-cutting shears. Manufactured by King Research, it was invented in 1947 by Maurice King and marketed heavily around the United States by his brother James.

"Barbicide is sold as a concentrate diluted for use in a ratio of 2 oz. of Barbicide concentrate mixed into 32 oz. of water, with each stylist having a container for treating their own tools. Company technicians make (unverified) claims it is the only such disinfectant to hold its power and colour over time, maintaining competitors' products eventually turn green or brown" Barbicide's creator came up with the name because he hated going to the barber when he was a child. Just as s-uicide means k-illing oneself and homicide means k-illing another, he gave his creation the name Barbicide (meaning k-illing the barber) as a nod to his childhood.

What is immersion?

Immersion is termed as casing or submerging in something. An example of immersion is when someone is baptized by being completely dunked under water. An example of immersion is when you become completely absorbed in a book and don't look up from reading or pay attention to anything else.

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a point, as defined in the real estate market, is ____ percent of the loan amount.

Answers

A point in the direct real estate  request is equal to one percent of the loan  quantum.

This means that if a buyer has a loan of$,000, one point would equal$,000. A point is also appertained to as a"  reduction point" or" fabrication point" and is  frequently used to reduce the interest rate of a loan. A borrower  generally pays for these points  outspoken, and the  quantum is  generally divided between the buyer and the lender. The buyer pays for the points to reduce the interest rate of the loan, while the lender takes the points as compensation for  forming the loan. In some cases, the buyer may choose to finance the points, meaning they would be included in the loan  quantum and paid back over time. Points are one way to reduce the cost of a loan, and may be  salutary for borrowers who plan to stay in the home for a long time.

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You've been meaning to fix those rotted boards on your porch for years. Finally, last week the deck gave way. The replacement will cost you $3,000. Will you be able to recover the cost of replacement (less your deductible) from your homeowner's insurance?

Answers

We will not be able to recover the cost of replacement (less deductible) from the homeowner's insurance policy.

What is homeowner's insurance?

This is an insurance that provide cover on the insured's home's structure and belongings in the event of a destructive event such as a fire, storm, hurricane, lighting, flood etc

A natural destruction resulting from a wear and tear is not covered under the homeowner's insurance.

Therefore, you will not be able to recover the cost of replacement from the homeowner's insurance policy.

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Which describes absolute advantage?

A.) ability to produce more cheaply
B.) existence of lower opportunity costs than competitors
C.) performance of a particular productive task within an economic system
D.) best alternative given up by a particular production decision

Answers

A producer has an absolute advantage over its rivals when it can create an item or service in a higher volume for the same price, or in the same volume at a cheaper price.

Which describes absolute advantage?

The capacity of a producer to outproduce a rival in terms of production of a products or service. Comparative advantage: When a producer can create a commodity or service for less money than a rival.

The capacity to produce at a lower cost; a comparative advantage over rivals in that there are reduced opportunity costs; Performing a certain productive work well within an economic system is known as specialisation. Protectionism: The presence of restrictions on free commerce.

The capacity of a company to create more and sell more of an item or service than competitors while utilizing the same amount of resources is referred to as having an absolute cost advantage in economics.

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To buy a product, customers in a market must first

Answers

To buy a product, customers must first have the need for the product.

Customers cannot just simply buy anything or everything when it comes to products. People love shopping but money is a very useful and powerful resource and customers understand it well, so they don't want to spend it on useless things.

Firstly, there should be a need or a desire to buy a particular product. After that the customer decides his or her budget or the money he would like to spend on that product. If it crosses his or her budget, then the customer may not able to buy the product.

Lastly, there should be willingness to buy the product. Nowadays, we get impressed by big brands, malls and stores giving us immense discounts for even our daily needs. That is how knowingly or unknowingly, we tend to shop more.

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Lucky Laundry reported assets of $950 and equity of $580. What is Lucky's debt ratio?

Answers

Answer:

0.3894

Explanation:

Debt Ratio = Total Debts/Total Assets

We will find the amount of Debt since amount of total assets is given

Assets = Liabilities + Equity

$950   = L + $580

L = $950 - $580

L = $370

Now lets find the Debt ratio

Debt Ratio = Total Debts/Total Assets

                  = $370/$950

                  = 0.3894

Isa bought goods on credit from Ammar. The goods had a list price of $1000 but Ammar allowed Isa trade discount of 10% and cash discount of 4%.
How much did Isa have to pay Ammar?

Answers

Answer:

$600 correct me if im wrong

what your name answer in 1 minute​

Answers

Answer:

Adrean :)

Explanation:

eugh

Companies' considerations that range from cultural to political barriers to demographic considerations in the workforce and international aspects such as compensation describe

Answers

Answer:

The correct response will be "Global human resource management ".

Explanation:

Above mentioned management, also associated with global HRM, seems to be a paragliding concept that incorporates all facets including its HR, salaries, and benefits, as well as leadership development operation of the company operating on such a worldwide scale. As technological developments make life increasingly simpler for companies, growth strategy has now become a highly detailed perhaps not a requirement.

.Ontonagon City presents the following pre-closing trial balance for its General Fund as of the end of the year:
(Debits)
Credits
Cash (Debits $116,000)
Taxes Receivable (Debits 29,000)
Estimated Uncollectible Taxes (Credit $5,000)
Due From Other Funds (Debits $2,000)
Vouchers Payable (Credit 14,800)
Tax Anticipation Notes Payable (Credit 50,000)
Fund Balance (Credit 69,200)
Budgetary Fund Balance (Debits 11,000)
Estimated Revenues (Debits 249,000)
Revenues (Credit 258,000)
Appropriations (Credit 255,000)
Expenditures (Debits 245,000)
Totals
$652,000
$652,000
What is the amount of fund balance at fiscal year-end after all closing entries are made that is

Answers

To determine the amount of fund balance at fiscal year-end after all closing entries are made, we need to make certain adjustments to the pre-closing trial balance.

What is the adjustments ?

The first adjustment is to close out the budgetary fund balance to the fund balance account. This means that we need to add the budgetary fund balance of $11,000 to the fund balance credit of $69,200, giving us a new fund balance credit of $80,200.

The second adjustment is to close out the estimated revenues account to the revenues account. This means that we need to subtract the estimated revenues debit of $249,000 from the revenues credit of $258,000, giving us a new revenues credit of $9,000. The third adjustment is to close out the expenditures account to the vouchers payable account.

This means that we need to subtract the expenditures debit of $245,000 from the vouchers payable credit of $14,800, giving us a new vouchers payable credit of $230,200. Lastly, we need to add the estimated uncollectible taxes credit of $5,000 to the taxes receivable debit of $29,000, giving us a new taxes receivable debit of $34,000.

After all of these adjustments are made, the amount of fund balance at fiscal year-end is $80,200.

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The market value for each type of expenditure is given for a hypothetical country in the table above. Calculate the gross domestic product of this country.


O $3,900

O $4,100

O $5,100

O $4,000

The market value for each type of expenditure is given for a hypothetical country in the table above.

Answers

Answer:

Economic Performance Unit Test

1. -Notebooks sold to students.

-French fries sold to customers at a restaurant.

2. - $4,100

3. - The market value of new factories built this year.

4. - Real GDP fluctuates but follows an upward-sloping trend line.

5. - 100%

6. - 6.5 billion dollars

7. - 1.10%

8. Unemployment associated with workers who are between jobs.; Frictional unemployment

Unemployment resulting from mismatches between employer needs and employee skills.; Structural unemployment

Unemployment associated with the highs and lows of the business cycle.; cyclical unemplyment

9. -17%

10. - The economist is correct. Since more people are entering the workforce than are leaving it, a lack of jobs growth could result in a higher level of unemployment, even if the growth is not negative.

11. -4.8%

12. - An increase in the price of oil has reduced supply of all goods and services that use oil as an input.

- A tornado destroys factories and lowers supply levels throughout the economy.

13. housing costs,clothing cost utilities costs are Suuplemental Poverty Measure

food cost is both.

14.- negative income tax

15. - After practicing at home, a dishwasher has doubled the number of dishes he can wash in a single shift.

-After adopting a new typing strategy, a data scientist is able to provide more data services to clients.

16. - GDP increased from 200 billion dollars to 400 billion dollars, while total labor hours increased from 50 million to 75 million.

17. Essay

Explanation:

I just took the test these are 100% Correct.

Mark me braliest!!!!!

!00 %

Based on the market values given of the nation above, the gross domestic product is $4,100.

What is the GDP of this nation?

That can be found by the formula:
= Consumption + Investment + Government Spending + Exports - Imports

Solving gives:

= 2,000 + 1,000 + 1,000 + 600 - 500

= $4,100

In conclusion, option B is correct.

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As a producer, you are willing to supply the most goods at the highest price. This is because the highest
price earns you the

most demand
highest costs
most profits

Answers

Answer: most profits

Explanation:

The answer is C. The most profit

Which condition is a result of open competition in a free market system?
A. Poor customer service
B. Government regulation
C. Higher prices
D. Higher quality goods

Answers

A result of open competition in a free market system is higher quality goods (option D).

What is the result of open competition?

Competition is when there are many producers operating in a particular industry. Competition is high in purely competitive markets and low in a monopoly. This is because in a pure competition, there are many producers while there is only one producer in a monopoly.

Due to the high level of competition in an industry, prices would be more likely to be low. This is because producers would want to attract more consumers by fairly pricing their goods. Also, producers would want to offer good customer service in order to retain consumers as there are many competing producers in the market. High quality goods are also a way to attract an retain customers.

A free market system is a market system where prices are set by the forces of demand and supply. There is no government regulation in this type of market.

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Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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Jennifer buys a typewriter for $590. She puts 20% down and will pay $70 a month for the next 10 months. What's the total amount of monthly payments?

$700 ---- correct answer

$750

$850

$1,000

Answers

The total amount of monthly payments for Jennifer who buys a typewriter is $850.

What are payments?

Payments refer to the transfer of money from one party to another in exchange for goods, services, or debts. They can be made using a variety of methods, including cash, checks, credit and debit cards, electronic funds transfer (EFT), mobile payments, and cryptocurrencies. Payments are an essential aspect of commerce and are used in both personal and business transactions. They enable individuals and companies to purchase goods and services, pay bills, and transfer money to others. With the increasing use of technology, payments have become more convenient and accessible, allowing people to make transactions from anywhere and at any time. The security and reliability of payment methods are crucial, and various measures are taken to protect against fraud and ensure the safety of transactions.

Jennifer puts 20% down on the typewriter= 0.2 * $590 = $118

Amount that Jennifer needs to finance= $590 - $118 = $472

Total amount of her monthly payments= $70 * 10 = $700

The total amount of Jennifer's payments, including her down payment=

$118 + $700 = $818

So, the closest answer is $850.

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You are a salesperson in a vitamin store. What steps can you take to move up the company?

Answers

Answer:

these are some six steps to move up the company ☝

hope it helps

You are a salesperson in a vitamin store. What steps can you take to move up the company?

In your budgeting process, when should you look at recurring expenses?

after considering entertainment expenses
after your wants but before your needs
before looking at your needs
before reviewing your wants

Answers

Answer:

before reviewing your wants

Explanation:

Once the needs are accounted for, it is time to check those recurring expenses that are not considered essential, like home deliveries, internet purchases, and so on, and this check needs to be made before rewiewing your wants, which is the least essential expense category, and thus, the one that can be forgone in case your budget is not enough for it.

It is okay to wear disposable gloves if: You wash hands first and discard gloves between tasks You dispose of the gloves often while preparing foods The handwashing sink is broken or missing soap Your hands are dirty and you are too busy to wash them

Answers

I think it would be ok

which of the following determines the answer to each of the fundamental questions in a command economy?
a. price b. ceteris paribus c. the short side of the market d. the government e. The council of economic advisors d. none of the above

Answers

The correct option among the given options is d. The government determines the answer to each of the fundamental questions in a command economy.

What is a command economy?A command economy is a type of economic system in which the government, rather than individual citizens or businesses, controls all economic activity. The government makes all decisions regarding how goods and services are produced, how much they cost, and who gets access to them.The answer to each of the fundamental questions in a command economy is determined by the government. What are the fundamental questions?The three fundamental questions in economics are as follows:What goods and services should be produced?How should goods and services be produced?For whom should goods and services be produced?In a command economy, the government decides what goods and services should be produced, how they should be produced, and for whom they should be produced. The government is responsible for making decisions about production quotas, distribution systems, and pricing policies. Therefore, the correct option is d. The government determines the answer to each of the fundamental questions in a command economy.Answer: The government determines the answer to each of the fundamental questions in a command economy.

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An important difference between the situation faced by a profit-maximizing competitive price-searcher firm in the short run and the situation faced by that same firm in the long run is that in the short run,.

Answers

The short-run scenario of a profit-maximizing competitive price-searcher business differs significantly from the long-run situation of the same firm in that price may surpass marginal revenue in the short run, but the price will equal marginal revenue in the long run.

What exactly is profit maximization?

Profit maximization is the process through which a company determines the pricing, input, and production levels that will result in the maximum feasible overall profit in the short or long run (or just profit in the short). In neoclassical economics, which is now the dominant approach to microeconomics, the company is supposed to be a "rational agent" (whether functioning in a perfectly competitive market or not) seeking to maximize total profit, which is the difference between total revenue and total cost.

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the determinants of aggregate supply are variables that ______.

Answers

The determinants of aggregate supply are variables that influence the amount of goods and services that a firm is willing and able to produce at a given price level.

The correct option is that influence the amount of goods and services that a firm is willing and able to produce at a given price level. Variables that affect the willingness and ability of producers to produce more goods and services at higher prices, leading to an upward sloping AS curve, are referred to as the determinants of aggregate supply (AS).

In summary, the determinants of aggregate supply are variables that influence the amount of goods and services that a firm is willing and able to produce at a given price level.

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5. When should permissions be a part of a company's internal control process? (1
point)

Answers

Answer:

when they don't have what you want and they don't know what they are doing

Explanation:

For how many years course we have to take to read engineering

Answers

To become an engineer, you typically need to complete a four-year bachelor's degree program. However, some engineering fields, such as aerospace or chemical engineering, may require additional years of study. Additionally, pursuing a graduate degree in engineering can take an additional one to two years beyond the bachelor's degree.

In total, depending on the field of engineering and level of education pursued, it can take anywhere from four to six years or more to complete an engineering education. It is important to note that engineering is a constantly evolving field, and continuing education and professional development may also be necessary throughout an engineer's career to stay current with new technologies and industry trends. Overall, becoming an engineer requires a significant investment of time and effort, but can lead to rewarding and fulfilling career opportunities.

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What are the equilibrium price and equilibrium quantity in this situation?
4.00
A
demand
3.50
supply D
3.00
Price
2.50
per
Pound 2.00
(dollars)
1.50
1.00
0.50
B

1,000 2,000 3,000 4,000 5,000 6,000 7,000
Quantity of Apples (pounds)
L

What are the equilibrium price and equilibrium quantity in this situation?4.00Ademand3.50supply D3.00Price2.50perPound

Answers

Answer:

6.00.50

Explanation:

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