An equation that the deficits/surpluses in the three sectors of the economy (private, Government and foreign...
An equation that the deficits/surpluses in the three sectors of the economy (private, Government and foreign sectors) is as follows: (S-I)=(G-T)+(X-M)
During 2012 Ireland had an external Current Account surplus of about 4.3% of GDP. During the same year, the fiscal deficit was 2.7% of GDP. Using this equation, please calculate the balance in the private sector. Comment on this situation
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An equation that the deficits/surpluses in the three sectors of
the economy (private, Government and foreign...
i) Write down an equation to illustrate the links between the deficits/surpluses in the three sectors...
i) Write down an equation to illustrate the links between the deficits/surpluses in the three sectors of the economy (private, Government and foreign sectors). (ii) During 2013 Ireland had an external Current Account surplus of about 4.4% of GDP. During the same year, the fiscal deficit was 2.3% of GDP. Using your equation, please calculate the balance in the private sector. (iii) Comment on this situation.
5. Current account deficit Let G stand for government spending, T for taxes, I for private...
5. Current account deficit Let G stand for government spending, T for taxes, I for private investment, and S for private saving. Complete the following equation for the current account deficit: + Current Account Deficit Which of the following statements about the current account deficit are correct? Check all that apply A successful reduction of a nation's current account deficit must be supported by complementary policies in foreign nations with large current account surpluses Using a current account deficit to...
Since 1990, in how many years has the U.S. government had a budget surplus? Choose one: A. 0 B. 3 C. 4 D. 18 The Feder...
Since 1990, in how many years has the U.S. government had a
budget surplus?
Choose one:
A. 0
B. 3
C. 4
D. 18
The Federal Budget Deficit The U.S. federal government has run a budget deficit for almost the entire past hal-century. The graph below plots federal revenue against outlays as a percentage of GDP, a measurement that stays consistent as the size of the economy changes. Note that the deficit is particularly Ukely to increase during recessions, as...
Government outlays consist of Question 6 options: all governmental purchases resulting from contracts with the private...
Government outlays consist of Question 6 options: all governmental purchases resulting from contracts with the private sector and foreign organizations government purchases, transfer payments, and interest on the national debt government purchases and transfer payments minus the interest on the national debt total receipts from all organizations doing business with any level of government Question 7 (1 point) If tax revenue is $400 billion and outlays are $600 billion, then Question 7 options: there is a budget surplus of $200...
Check answers please ? s) If the economy is in a recession, 8) A) The economy...
Check answers please ?
s) If the economy is in a recession, 8) A) The economy suffers from structural unemployment, which can be alleviated by debt refinancing. B) Larger deficits will decrease the national debt. C) Deficit spending will not increase the size of the debt because interest rates will be falling. D) It is operating inside the production posibilities curve, and the opportunity cost of deficit spending is zero. 9 9) An increase in unemployment, ceteris paribus, A) Reduces...
Among the most important problems of implementing fiscal policy include all except which of the following?...
Among the most important problems of implementing fiscal policy include all except which of the following? Correctly timing the desired fiscal stimulus, given the inevitable lags and forecasting errors Determining how large a stimulus to apply Assessing when policy actions should be reversed Determining how long a time lag to apply If the central bank does not use accommodating monetary policy, a fiscal stimulus is likely to increase interest rates, which in turn, will cause planned investment to decrease. What...
Question: Aggregate Demand stimulus, TARP (Troubled Asset Relief Program) and or also called the bailout package helped...
Question: Aggregate Demand stimulus, TARP (Troubled Asset Relief Program) and or also called the bailout package helped to prevent the 2007-2009 US economy's downturn from becoming another Great Depression. Why was the stimulus-fueled recovery substantially weaker than expected? Article: Aggregate Demand Stimulus Helped to Prevent the 2007–2009 Downturn from Becoming Another Great Depression. But Why Was the Stimulus-Fueled Recovery Substantially Weaker Than Expected? In retrospect, it is clear that the U.S. economy was in a precarious position in 2006. Trillions of...
Questions: c) An emergency tariff on a wide range of imports would be effective in addressing...
Questions: c) An emergency tariff on a wide range of imports would be effective in addressing U.S deficits and forcing other nations to purchase more U.S. exports; d) One reason the U.S. does not export more is lagging investment in domestic industries. Why Protectionism Cannot Cure the Trade Deficit The causal link between investment flows, exchange rates, and the balance of trade explains why protectionism cannot cure a trade deficit. In his 1997 book, One World, Ready or Not, Washington...
Drawing upon Griswold's arguments, discuss the validity of the following propositions and fully explain your reasoning:...
Drawing upon Griswold's arguments, discuss the validity of the following propositions and fully explain your reasoning: a) The U.S. deficit in trade of goods and services is an important indicator of declining U.S. competitiveness in the world; b) The single biggest factor explaining growing U.S. trade deficits is the unfair trade policies of China, Japan and Germany; America’s Misunderstood Trade Deficit Myth: “America Is Losing Its Competitiveness” The “competitiveness” myth has gone into remission in recent years. Since the Cuomo...
We have prepared an article about the general economic situation of India. Now, as a second...
We have prepared an article about the general economic
situation of India. Now, as a second assignment, our teacher asks
for a general comment and a question that has not been asked before
and the answer to that question. It is very important not to be
short. We should comment according to the information in the photo.
We have to ask a question and answer that question again with a
comment. a very urgent job.
1-Export Performance In recent years....
5. Current account deficit Let G stand for government spending, T for taxes, I for private investment, and S for private saving. Complete the following equation for the current account deficit: + Current Account Deficit Which of the following statements about the current account deficit are correct? Check all that apply A successful reduction of a nation's current account deficit must be supported by complementary policies in foreign nations with large current account surpluses Using a current account deficit to...
Since 1990, in how many years has the U.S. government had a
budget surplus?
Choose one:
A. 0
B. 3
C. 4
D. 18
The Federal Budget Deficit The U.S. federal government has run a budget deficit for almost the entire past hal-century. The graph below plots federal revenue against outlays as a percentage of GDP, a measurement that stays consistent as the size of the economy changes. Note that the deficit is particularly Ukely to increase during recessions, as...
Check answers please ?
s) If the economy is in a recession, 8) A) The economy suffers from structural unemployment, which can be alleviated by debt refinancing. B) Larger deficits will decrease the national debt. C) Deficit spending will not increase the size of the debt because interest rates will be falling. D) It is operating inside the production posibilities curve, and the opportunity cost of deficit spending is zero. 9 9) An increase in unemployment, ceteris paribus, A) Reduces...
We have prepared an article about the general economic
situation of India. Now, as a second assignment, our teacher asks
for a general comment and a question that has not been asked before
and the answer to that question. It is very important not to be
short. We should comment according to the information in the photo.
We have to ask a question and answer that question again with a
comment. a very urgent job.
1-Export Performance In recent years....
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