Homework Answers
Net exports is a negative figure when the countries imports are greater than the imports. The formula for Net Exports is
Net Exports = Exports of the Nation - Imports of the Nation
If the imports are more than the exports, the net exports will be a negative figure. The correct option is a nation's imports of goods and services exceeds its exports.
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Read over the questions carefully. There are 30 questions and each question has a value of...
Read over the questions carefully. There are 30 questions and each question has a value of...
Read over the questions carefully. There are 30 questions and each question has a value of 3 point Question 15 If depreciation exceeds gross investment, it can be concluded that: O gross investment is equal to net investment O net investment is negative nominal GDP is rising but real GDP is declining the economy is expanding Previous
Read over the questions carefully. There are 30 questions and each question has a value of...
Read over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 9 The difference between U.S. Gross Domestic Product and Gross National Product is: Foreign currency is counted in GDP but not in GNP Foreign investments in EU countries are counted in GDP but not GNP Foreign trade is counted in GDP but not in GNP Foreign-owned factories located in the U.S. are counted in GDP but not GNP Previous
12 1130I uction13 over the questions carefully. There are 30 questions and each question has a...
12 1130I uction13 over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 12 Historically, in the United States and most developed countries, the largest proportion of Gross Domestic Product is accounted for by: Gross Investment Exports Govenrment Spending Consumption Previous
Read over the questions carefully. There are 30 questions and each question has a value of...
Read over the questions carefully. There are 30 questions and each question has a value of 3 points. D Question 5 In the definition of GDP "final goods and services" means: Those goods no longer used to produce another product or service are counted Goods destined for final consumption in foreign countries are not counted Intermediate goods are not counted Only products certified and tested are counted as part of GDP Previous
LIOIO d over the questions carefully. There are 30 questions and each question has a value...
LIOIO d over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 17 In 2009 gross investment was $1.9 trillion and depreciation was $2.6 trillion. How much was net investment? -$4.5 trillion e $0.70 trillion e $4.5 trillion -$0.70 trillion Previous
I 1) Gross Domestic Product (GDP) is A) the total wholesale value of all final goods...
I 1) Gross Domestic Product (GDP) is A) the total wholesale value of all final goods and services produced by factors of production owned by citizens of a nation B) the total market value of all services produced by factors of production located within a nation's borders. C) the total market value of all goods produced within a nation's borders D) the total market value of all final goods and services produced by factors of production located within a nation's...
11) Gross Domestic Product (GDP) is An thetotal wholisagoods and services producedby fciors oduion owned by...
11) Gross Domestic Product (GDP) is An thetotal wholisagoods and services producedby fciors oduion owned by citizens of a nation. B) the total market value of all services produced by factors of production located within a nation's borders. C) the total market value of all goods produced within a nation's borders. D) the total market value of all final goods and services produced by factors of production located within a nation's borders. 12) Intermediate goods are A) goods that are...
Question 4 0.1 pts The following table describes the National Income and Product Accounts for 2016....
Question 4 0.1 pts The following table describes the National Income and Product Accounts for 2016. What is nominal GDP? Gross Private Domestic Investment Exports Imports Durable Goods Nondurable Goods Services Government Consumption & Investment Change in Private Inventories Residential Investment $3,057.2 $2,208.1 $2,712.9 $1,411.0 $2,710.4 $8,699.3 $3,267.8 $35.1 $705.9
NEr the questions carefully. There are 30 questions and each question has a value of 3...
NEr the questions carefully. There are 30 questions and each question has a value of 3 points. Question 29 The cost of inflation falls upon which group the hardest? elderly Americans and other people living on fixed incomes debtors, people who borrow money wealthy Americans who invest in stocks and bonds, the value of which is sensitive to inflation middle-income Americans who pay most of the taxes and spend most of their income on goods and services Previous Not saved
f the economy adds to its inventory of goods during some year, A) this amount should be included in calculating tha...
f the economy adds to its inventory of goods during some year, A) this amount should be included in calculating that year's GDP. B) gross investment will exceed net investment by the amount of the inventory increase C) this amount should be subtracted in calculating that year's GDP. D) this amount should be ignored in calculating that year's GDP. (Consider This) From an economist's perspective, when is government too big? A) when the marginal costs from additional government spending exceed...
Read over the questions carefully. There are 30 questions and each question has a value of 3 point Question 15 If depreciation exceeds gross investment, it can be concluded that: O gross investment is equal to net investment O net investment is negative nominal GDP is rising but real GDP is declining the economy is expanding Previous
Read over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 9 The difference between U.S. Gross Domestic Product and Gross National Product is: Foreign currency is counted in GDP but not in GNP Foreign investments in EU countries are counted in GDP but not GNP Foreign trade is counted in GDP but not in GNP Foreign-owned factories located in the U.S. are counted in GDP but not GNP Previous
12 1130I uction13 over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 12 Historically, in the United States and most developed countries, the largest proportion of Gross Domestic Product is accounted for by: Gross Investment Exports Govenrment Spending Consumption Previous
Read over the questions carefully. There are 30 questions and each question has a value of 3 points. D Question 5 In the definition of GDP "final goods and services" means: Those goods no longer used to produce another product or service are counted Goods destined for final consumption in foreign countries are not counted Intermediate goods are not counted Only products certified and tested are counted as part of GDP Previous
LIOIO d over the questions carefully. There are 30 questions and each question has a value of 3 points. Question 17 In 2009 gross investment was $1.9 trillion and depreciation was $2.6 trillion. How much was net investment? -$4.5 trillion e $0.70 trillion e $4.5 trillion -$0.70 trillion Previous
I 1) Gross Domestic Product (GDP) is A) the total wholesale value of all final goods and services produced by factors of production owned by citizens of a nation B) the total market value of all services produced by factors of production located within a nation's borders. C) the total market value of all goods produced within a nation's borders D) the total market value of all final goods and services produced by factors of production located within a nation's...
11) Gross Domestic Product (GDP) is An thetotal wholisagoods and services producedby fciors oduion owned by citizens of a nation. B) the total market value of all services produced by factors of production located within a nation's borders. C) the total market value of all goods produced within a nation's borders. D) the total market value of all final goods and services produced by factors of production located within a nation's borders. 12) Intermediate goods are A) goods that are...
Question 4 0.1 pts The following table describes the National Income and Product Accounts for 2016. What is nominal GDP? Gross Private Domestic Investment Exports Imports Durable Goods Nondurable Goods Services Government Consumption & Investment Change in Private Inventories Residential Investment $3,057.2 $2,208.1 $2,712.9 $1,411.0 $2,710.4 $8,699.3 $3,267.8 $35.1 $705.9
NEr the questions carefully. There are 30 questions and each question has a value of 3 points. Question 29 The cost of inflation falls upon which group the hardest? elderly Americans and other people living on fixed incomes debtors, people who borrow money wealthy Americans who invest in stocks and bonds, the value of which is sensitive to inflation middle-income Americans who pay most of the taxes and spend most of their income on goods and services Previous Not saved
f the economy adds to its inventory of goods during some year, A) this amount should be included in calculating that year's GDP. B) gross investment will exceed net investment by the amount of the inventory increase C) this amount should be subtracted in calculating that year's GDP. D) this amount should be ignored in calculating that year's GDP. (Consider This) From an economist's perspective, when is government too big? A) when the marginal costs from additional government spending exceed...
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