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Visit the U.S. Government Web site, TradeStats Express: https://www.census.gov/foreign-trade/balance/c5700.html
Based on the data provided, create a report in Microsoft Word discussing the trade balance between China and the U.S. for the most recent five year period. In your discussion, include an analysis of the effect of such trade balance on the economies of China and the U.S., both individually and comparatively. Justify your discussion and analysis by using appropriate examples and references. Include in your report an analysis of the impact on the U.S. economy of the situation where China holds such a large amount of the U.S. debt.
If GDP increases in nominal terms from $600 billion in 1994 to $663 billion in 1996 and the price index (1992 = 100) rises from 120 to 130, how much real growth (in 1992 dollars) in GDP occurred between 1994 and 1996?
Given your understanding of cash flow, financial statements, ratio analysis and time value of money, provide an example of why the integration of these concepts would be important. Do not quote the text, but think through these tools and provide an e..
Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given.
ADVANCED ANALYSIS Assume that demand for a commodity is represented by the equation P = 90 - 2Qd and Supply is represented by the equation P = -5 + 3Qs where Qd and Qs are quantity demanded and quantity supplied, respectively, and P is price.
A local tailor has two types of customers, private customers and department stores. The market of private customers has a demand given by Qp = 2000–100P, and the market of department stores has a demand given by Qs = 4000 − 100P. Suppose that the tai..
Define Absolute convergence in the Solow Growth Model. Define Conditional Convergence in the Solow Model.
Italy makes two products: cheese and wine. Italian workers can make one unit of cheese in ten hours and one unit of wine in five hours. Draw a PPF for Italy for a 100 hour time period. What is the opportunity cost for one unit of cheese? What is the ..
The city prepares its annual appropriated general fund, debt service fund, and proprietary operating funds budgets on a basis (budget basis) which differs from generally accepted accounting principles (GAAP basis). Prepare all journal entries, consis..
Bob manages a grocery store in a country experiencing a high rate of inflation. To keep up with inflation, he spends a lot of time every day updating the prices, printing new price tags, and sending out newspaper inserts advertising the new prices. T..
Electrotech, a maker of household smoke detectors, buys resistors for its smoke alarms for $.15 each. The resistor manufacturer marks-up the resistors from $.10. Does the resistor manufacturer’s mark-up necessarily represent profit?
A country that must adopt foreign exchange controls because of a misaligned exchange rate sacrifices the use of both monetary and fiscal policy instruments to influence domestic income and the interest rate.” Explain.
Factors that cause a shift in the aggregate demand curve are the following although the list is not exhaustive. Any change in the components of aggregate expenditure. When consumption expenditure, investments expenditure, government expenditure, and ..
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