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lilavasa [31]
3 years ago
5

When the price level in the united states falls relative to theprice level of other countries, ________ will fall, ________ will

rise, and ________ will rise?
Business
1 answer:
Rufina [12.5K]3 years ago
6 0
When the price level in the United States fall relative to the price level of other countries, IMPORTS will fall, EXPORTS will rise and NET EXPORTS will rise. 
When the price level of the United state is lower than that of another country, the amount of goods that will be brought from another country into US will be reduced while the amount of goods that US send to other countries will increase.
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Answer:

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4 years ago
In an economy open to international trade ________.
Serjik [45]

Answer: D) saving equals investment as long as NX = 0

Explanation:

The last option was incomplete as it should have said ...NX = 0.

The Income/GDP of a country that is open to international trade is calculated as follows:

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Y = C + I + G + NX

If NX = 0 then the formula becomes:

Y = C + I + G

Investment in this scenario is therefore:

I = Y - C - G

This is the same as savings as savings is calculated by subtracting consumption and government spending from the total income. This is because government spending is derived from taxes so the cash that people get to save is their income less than their taxes and consumption expenses.

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4 0
3 years ago
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bazaltina [42]

Answer:

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Explanation:

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Sale of asset is already accounted for in the ending net balance of fixed assets.

5 0
4 years ago
How is the model of microeconomic supply and demand different from the model of aggregate supply and aggregate demand?
LenKa [72]
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7 0
3 years ago
Schedule M–1 of Form 1120 is used to reconcile financial accounting net income with taxable income reported on the corporation’s
crimeas [40]

Answer:

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7 0
4 years ago
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