Globalization may reduce the sting of recession, because: of the lack of exports. of falling domestic...
Globalization may reduce the sting of recession, because:
of the lack of exports.
of falling domestic production.
of government economic policy.
a downturn in demand may show up as a fall in imports, instead of a fall in U.S. production.
Homework Answers
Answer: a downturn in demand may show up as a fall in imports, instead of a fall in U.S. production.
During recession, there is fall in consumer spending, therefore exports become cheaper and imports become more expensive. (Spending on imports decreases) The main advantages of globalization is, it boosts economic performance by reducing cost and enhancing competitiveness. So globalization lifts the economy out of recession.
Add Answer to:
Globalization may reduce the sting of recession, because:
of the lack of exports.
of falling domestic...
The net export function illustrates that:A) net exports are a positive function of domestic income....
The net export function illustrates that:A) net exports are a positive function of domestic income.B) net exports are independent of domestic income.C) net exports are a negative function of domestic income.D) imports are independent of domestic income.E) exports are independent of foreign income. Suppose the marginal propensity to import for country A is 0.4. Calculate the change in total value of imports of the country if national income increases by $100,000.A) $16,000B) $20,000C) $60,000D) $40,000E) $25,000 An MPI of 0.4 indicates that...
QUESTION 3 10 points Save Answer Select all that are true regarding Quantitative Easing (QE): The...
QUESTION 3 10 points Save Answer Select all that are true regarding Quantitative Easing (QE): The risks of QE include uncertainty over inflation expectations since it has never been done and it involves massive increases in the money supply, a lack of incentives to borrow since interest rates are so low for so long, and a disincentive for banks to lend due to regulatory uncertainty QE is expressly designed to depreciate the domestic currency via increases in the supply of...
1. Suppose the federal government observes a decrease in net exports. Examine this event in terms...
1. Suppose the federal government observes a decrease in net exports. Examine this event in terms of the aggregate demand and aggregate supply model. a. The decrease in net exports will cause (Click to select) [a decrease in short-run aggregate supply / an increase in short-run aggregate supply / an increase in aggregate demand / a decrease in aggregate demand]. b. This will lead to (Click to select) [a decrease / an increase] in the price level and (Click to select)...
Currently the U.S. exports 525 million pounds of pork to China and sells them there for...
Currently the U.S. exports 525 million pounds of pork to China and sells them there for about $2.50 per pound. The average cost of producing a pound of pork in the Mid-West and shipping it to China is about $0.55. a. Draw a graph to illustrate the profit-maximizing conditions of this situation assuming any market type you like. b. What is the (a) total revenue, (b) total cost, and (c) profit under these conditions? c. Since the Trump Administration imposed...
A vertical AS curve means that changes in GDP will be caused by changes in potential...
A vertical AS curve means that changes in GDP will be caused by changes in potential output. changes in aggregate demand. cyclical unemployment. Jontel got a raise, which may help the economy since she will likely consume more goods and services. she will likely put more money in savings. she will likely hoard more money to prepare for fluctuations in the economy. If Keynesian economists were analyzing the oncoming recession starting in 2007 from the housing market crash, what might...
responses to this topic must be of at least 150 words. Globalization and trade impact: China...
responses to this topic must be of at least 150 words. Globalization and trade impact: China China has a thriving economic state china has seemed to be the mecca of industrial products .China has benefited from globalization substantially. China main focus economically comes from manufacturing .China has a trade deficit because other countries such as the U.S have domestic companies make the production of their facilities abroad in china so china has to import hose products and them have them...
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...
(1) If the world price is above the domestic equilibrium price, the domestic country is likely...
(1)
If the world price is above the domestic equilibrium price, the
domestic country is likely to ____________________ the good.
(2)
The difference between what an economy sells to and buys from
foreigners is _________________.
(3)
The idea that exchange rates and prices adjust to equalize the
cost of living across international boundaries is called
__________________________.
(4)
In the graph below, when the world price is $3, how many units
are...
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...
1. In response to Intensifying competition due to globalization and deregulation, U.S. employers sought to reduce...
1. In response to Intensifying competition due to globalization and deregulation, U.S. employers sought to reduce their labor costs by all of the following EXCEPT: _____. a. moving production to law wage countries b. promoting right-to work legislation c. strengthening government regulation d. utilizing more part-time and contract employees 2. The World Trade Organization has been criticized for ________. a. taking a largely free-trade philosophy over a fair-trade philosophy b. failing to reduce trade...
QUESTION 3 10 points Save Answer Select all that are true regarding Quantitative Easing (QE): The risks of QE include uncertainty over inflation expectations since it has never been done and it involves massive increases in the money supply, a lack of incentives to borrow since interest rates are so low for so long, and a disincentive for banks to lend due to regulatory uncertainty QE is expressly designed to depreciate the domestic currency via increases in the supply of...
(1)
If the world price is above the domestic equilibrium price, the
domestic country is likely to ____________________ the good.
(2)
The difference between what an economy sells to and buys from
foreigners is _________________.
(3)
The idea that exchange rates and prices adjust to equalize the
cost of living across international boundaries is called
__________________________.
(4)
In the graph below, when the world price is $3, how many units
are...
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...
Most questions answered within 3 hours.
-
what sort of treatment is planned for a barrel of wine to be
"aged" for sale?...
asked 5 minutes ago -
What is the energy of 500 nm green light, in kilojoules per mole
of photons?
asked 4 minutes ago -
2. Your brother, who is 6 years old, just received a trust fund
that will be...
asked 15 minutes ago -
Sixty percent of teachers at a high school are female. Forty
percent of the teachers are...
asked 23 minutes ago -
Evaluate for A = 6, B = 4, and C =
2.
F = A ^...
asked 18 minutes ago -
how do I determine %yield and theoretical yield from
Fisher esterification reaction?
Glacial acetic acid M.W=...
asked 19 minutes ago -
The wine industry is characterized by thousands of vineyards
selling a variety of wines (Chardonnay, Sauvignon...
asked 20 minutes ago -
(a) A piston at 5.5 atm contains a gas that occupies a volume of
3.5 L....
asked 20 minutes ago -
You own a bar on Fry Street. Discuss three ways you can increase
attention for your...
asked 31 minutes ago -
Log on. Move to cs202 directory (use 'cd').
Copy the programs circle.cpp :
/* Program: circle.cpp...
asked 35 minutes ago -
Anchor Company purchased a manufacturing machine with a list
price of $85,000 and received a 2%...
asked 38 minutes ago -
Suppose there are 2 firms in an industry with marginal abatement
cost curves:
MACA = 400...
asked 55 minutes ago