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Ivenika [448]
3 years ago
8

6. Trade deficit and the currency depreciation Which approach to the relationship between exchange rates and the trade balance p

redicts that a currency depreciation will improve a nation’s trade balance if that nation’s output exceeds the sum of consumption, investment, and government expenditures? The elasticity approach The absorption approach The monetary approac
Business
1 answer:
emmasim [6.3K]3 years ago
5 0

Answer:

The absorption approach

Explanation:

The absorption approach with respect to the balance of payments derives that a balance of trade of a country will only better if the output of the company in terms of goods and services rises by more than its absorption or utilization

Here, the absorption refers to incurred expenditure by the residents who are domestic on the goods and services.

Hence, according to the given situation, the appropriate option is absorption approach

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In the short run, prices may rise faster than costs. This chapter discusses why this might happen. Suppose that labor and manage
Ainat [17]

Answer:

Slope of short-run aggregate supply curve: wage-price flexibility

In the short run, some factors are fixed and some factors can vary and the costs incurred on fixed factors are constant. Thus, the price level does not change as fast as it could have been if all are variable resources.

However, if prices are subjected to the variation in the wages, then the price level will increase faster than the costs. If actual price level is below the expected level, then the nominal wage rate is more than the expected and vice-versa. This would result in a greater slope of the short-run aggregate supply curve, which means short-run aggregate supply curve will be relatively steeper.

In the short run, the wage rate and price level are sticky downward because fall in nominal wage of workers will reduce the incentive to work.

Hence, if the wage rate adjusts continuously to any change in price; then the aggregate supply curie is relatively steep, and when wage and price level are sticky,  then the short-run aggregate supply curve will be relatively flat.

5 0
3 years ago
Which approach to research is based on observing people in their own homes or​ communities?
BlackZzzverrR [31]

Ethnography is an approach in research, where the subjects are observed in their homes and/or communities.

  • Ethnography is a mode of research that is largely used in the fields of Anthropology and Sociology.
  • It is a method, wherein, the subjects of the study are not enclosed within an artificial environment, or otherwise known as a laboratory.
  • They are studied by being observed in the environment they originate from or belong to.
  • This method is specifically useful, while studying various cultures.
  • It helps control the unwanted effects of being introduced in a new environment, which could alter the behavior of the subjects of the study.

Therefore, it is clear that Ethnography is the approach in research, where the subjects are observed in their homes and/or communities.

Learn more about Ethnography here:

brainly.com/question/25575567

#SPJ10

6 0
1 year ago
Career question #35 easy
Ganezh [65]
It is c because ruir
7 0
2 years ago
Why is the zero-based budget the most effective type of budget?.
sasho [114]

The zero-based budget is the the most effective type of budget because its keeps the firm aware of how much money is flowing in and out.

<h3>What is a zero-based budget?</h3>

A zero-based budget means a method of budgeting where all the expenses must be explained for each new period.

The zero-based budget is very important because its process ensure that that is a justification for all operating expenses and areas that company are generating revenue.

In conclusion, the zero-based budget is the the most effective type of budget because its keeps the firm aware of how much money is flowing in and out.

Read more about zero-based budget

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6 0
2 years ago
No trespassing signs are an example of owners enforcing their right to
Ilia_Sergeevich [38]

Answer:

I guess the ans is their right to exclude people from your property.

4 0
2 years ago
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