Answer:
The correct answer is 2. No overall change.
Explanation:
The aggregate demand is the total goods and services demanded by a country, at a certain price level, in a certain period of time.
The aggregate demand that can be accounted for measures exactly the same as GDP. So they are often used as synonyms.
To calculate aggregate demand, the same methods as for calculating GDP can be used, however, aggregate demand is associated with expenditure, so it is calculated by the product method, that is, from the point of view of what society has spent. This calculation takes into account the expenditure of families (private individuals), what has been spent on investment, the cost of public administrations, and finally, net exports, which is the difference between imports and exports In this way, the Aggregate Demand formula would look like this:
DA = C + I + G + (X-M)
Answer:
export import net export
1. increases unchanged increases
2. unchanged increases decreases
3. unchanged increases decreases
4. unchanged increases decreases
5. increases unchanged increases
Explanation:
export would comprise of goods and services produced in the US that are been sold to foreign countries
Import would comprise of foreign produced goods and services that are been sold in the US
Net export would increase when export occurs and decrease when import occurs
Net export = exports – imports
When the French historian visits the US museum and the European family visits Disney, they are enjoying US services, thus export increases and net export increases
The purchase of books from Cambridge in UK, Panasonic camera and the visit to Japan constitutes import. These increases import and reduces net export
A check it takes less time and has no fee and the just draw from my account
Answer:
a. 30 units of corn and 30 units of wheat.
Explanation:
Freedonia:<u><em> (without trade)</em></u>
6 corn x 5 workred = 30 corn
2 wheat x 5 worked = 10
Fredonia <u><em>(with trade)</em></u> will focus on corn only:
6 corn x 10 workers = 60 corn
Then 30 are trade it out, leaving 30 corn
from trade it receives 30 units of wheat
total 30 units of both goods.
The money supply decreases when Citi Bank repays a loan they had previously taken from the Fed. The money supply within Citi Bank decreases because they no longer have the money as they have paid it back to the Fed. The Fed's supply of money then increases.
